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Consider a Continuous Random Variable X,which Is Uniformly Distributed Between

question 61

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Consider a continuous random variable x,which is uniformly distributed between 65 and 85. The probability of x taking on a value between 75 to 90 is ________.


Definitions:

S&P 500 Index

A market-capitalization-weighted index of 500 of the largest publicly traded companies in the U.S.

Put Option

A financial derivative that gives the holder the right, but not the obligation, to sell a specific quantity of an underlying asset at a set price within a specified time.

American Call-Option

A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other instruments at a specified price within a specific time period.

Dividend-Payout Policies

Strategies adopted by companies to decide the size and pattern of cash dividends to shareholders.

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