If the Continuous Random Variable X Is Uniformly Distributed Over

question 47

Short Answer

If the continuous random variable X is uniformly distributed over the interval [15, 25], then the mean of X is: $\begin{array}{|l|l|}\hline\text { A. } & 40 \\\hline \text { B. } & 25 \\\hline \text { C. } & 20 \\\hline \text { D. } & 15 . \\\hline\end{array}$

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Definitions:

Pension Plan

A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.

Annual Pension Benefit

The amount of money an individual receives annually from their retirement plan after retiring.

Variable Component

A cost or expense that changes in proportion to changes in a business’s activity level.

Payroll System

A system used by companies to organize, calculate, and process payments to employees for their services.