In a Uniform Distribution, with a Minimum, A, and Maximum

question 37

Short Answer

In a uniform distribution, with a minimum, a, and maximum, b, the probability that the random variable, x, is between a and (b - a)/2 is ___________.

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Definitions:

Undue Influence

An improper or wrongful persuasion that compromises the free will of someone, making a decision or agreement questionable.

Rescission

The legal act of voiding a contract and returning the parties involved to their states prior to the contract, as if the contract had never existed.

Scienter

Knowledge of wrongdoing or fraudulent intent, especially as a component to proving certain types of fraud.

False Statement

An untrue assertion presented as a fact, intentionally or unintentionally, which could mislead or deceive others.