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question 43

Multiple Choice

 Determine whether the table represents a discrete probability distribution. xP(x) 30.0520.1510.3500.45\begin{array}{l}\text { Determine whether the table represents a discrete probability distribution. }\\\begin{array} { c c } \hline x & P ( x ) \\\hline - 3 & 0.05 \\- 2 & 0.15 \\- 1 & 0.35 \\0 & 0.45 \\\hline\end{array}\end{array}


Definitions:

Cost-of-Living Adjustment

An increase in income or benefits to match the rise in the cost of living, helping individuals maintain their purchasing power.

Salary

A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee.

Tax-Deferred Account

A savings account or investment option where taxes on the principal and/or earnings are delayed until the investor withdraws the funds.

Taxable Account

An investment account in which the earnings are subject to income tax.

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