Random Variable X Has a Uniform Distribution Defined by the Probability

question 100

Multiple Choice

Random variable x has a uniform distribution defined by the probability density function below.Determine the probability that x has a value between 225 and 250. 1/100 for values of x between 200 and 300
F(x) =
0 elsewhere else

• A).325
• B).25
• C).50
• D).20
• E).225

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Definitions:

Owner/Manager-Operated

A business model where the owner actively manages the day-to-day operations of the company.

Negotiated Price Approach

The negotiated price approach involves establishing the price of a product or service through direct negotiation between sellers and buyers, rather than using fixed prices or market rates.

Transfer Price

The price at which goods and services are traded between departments within the same company or between subsidiaries, often used for budgeting and tax purposes.

Responsibility Center

A unit within an organization tasked with specific duties and responsibilities, where performance is measured based on predetermined financial and operational metrics.