Let P(t)be a Probability Density Which Is Defined for 0 $\le$

question 64

True/False

Let p(t)be a probability density which is defined for 0 $\le$ t $\le$ 1.Could the following be the cumulative distribution function for p? (Remember that the cumulative distribution function at time t is the integral of p from 0 to t.)

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Definitions:

Pre-tax Cost

The expense or cost associated with an investment or project before any taxes are deducted.

Marginal Tax Rate

The rate at which your last dollar of income is taxed, indicating the percentage of tax applied to your next dollar of taxable income.