For the Given Probability Density Function, Over the Stated Interval $f ( x ) = \frac { 1 } { 7 } x$

question 303

Multiple Choice

For the given probability density function, over the stated interval, find the requested value.
- $f ( x ) = \frac { 1 } { 7 } x$ , over $[ 1,4 ] ;$ Find the mean.

• A) \(\frac { 6 } { 7 }\)
• B) \(\frac { 62 } { 21 }\)
• C) \(\frac { 64 } { 21 }\)
• D) 3

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Definitions:

Earnings Per Share

A company's net income divided by the number of its outstanding shares, indicating the company's profitability on a per-share basis.

Debt

An amount of money borrowed by one party from another, typically repaid with interest.

Capital Structure

Refers to the way a corporation finances its assets through a combination of debt, equity, or hybrid securities.

Total Leverage

A financial metric that assesses the impact of using both operating and financial leverage on a company's earnings per share.