Suppose $x$ Is a Random Variable Best Described by a Uniform Probability

question 34

Multiple Choice

Suppose $x$ is a random variable best described by a uniform probability distribution with $c = 3$ and $d = 9$ . Find the value of a that makes the following probability statement true: $\mathrm { P } ( \mathrm { x } \leq \mathrm { a } ) = 1$ .

• A) \(a \leq 3\)
• B) \(a \geq 3\)
• C) \(a \leq 9\)
• D) \(a \geq 9\)

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Definitions:

Interest Earned

The income received from investment assets before taxes and expenses have been deducted.

Investment

The allocation of money into financial assets, property, or other ventures in the expectation of obtaining an income or profit.

Interest Rate

The percentage of a sum of money charged for its use, often expressed as an annual percentage.