The Distribution of Probabilities for Each Outcome of a Random

question 37

Multiple Choice

The distribution of probabilities for each outcome of a random variable that sums to 1.00 is called a

• A) random variable.
• B) probability distribution.
• C) conditional probability.
• D) sample space.

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Definitions:

Public Company Accounting Oversight Board

An independent oversight body established by Congress to regulate the audits of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports.

Accounting Firms

Professional services organizations specializing in accounting, audit, tax, and advisory services for individuals and businesses.