Provide an Appropriate Response

question 46

Essay

Provide an appropriate response.
-In an Italian cafe, the following probability distribution was obtained. The random variable x represents thenumber of toppings for a large pizza. Graph the probability histogram. $$\begin{array} { c | l } \mathrm { x } & \mathrm { P } ( \mathrm { x } ) \\\hline 0 & 0.30 \\1 & 0.40 \\2 & 0.20 \\3 & 0.06 \\4 & 0.04\end{array}$$

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Definitions:

Interest Rate

The expense incurred from loaning funds or the profit made from an investment, shown as a percentage of the original amount.

Interest Rates

The cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal.

Longer-Term Loans

Loans with a repayment period that extends beyond the typical short-term or intermediate-term period, often used for major investments.

Real Rate

The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true return on investment.