Suppose a Uniform Random Variable Can Be Used to Describe

question 30

Multiple Choice

Suppose a uniform random variable can be used to describe the outcome of an experiment with the outcomesranging from 30 to 70. What is the probability that this experiment results in an outcome less than 40?

• A) 0.25
• B) 0.1
• C) 0.31
• D) 1

---

Definitions:

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.

Dividend Payment

A distribution of a portion of a company's earnings to its shareholders, typically in the form of cash or stock.

Common Stock

A type of equity security that represents ownership in a corporation, with voting rights and a share in profits through dividends.

Paid-In Capital

Paid-in capital is the amount of money a company has received from shareholders in exchange for shares of stock.