Consider the Following Discrete Probability Distribution

question 138

Multiple Choice

Consider the following discrete probability distribution. What is the probability that X is 0?

• A) 0.10
• B) 0.35
• C) 0.55
• D) 0.65

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Definitions:

Significant Improvements

Upgrades or enhancements made to a company's assets, typically tangible fixed assets, that are expected to extend the asset's useful life, increase its value, or boost productivity.

Furnace

A device used for high-temperature heating, usually powered by fuel, electricity, or induction, and utilized in processes such as metal casting, forging, and glass manufacturing.

Van

A type of vehicle used for transporting goods or people, typically larger than a common car but smaller than a truck.

Lump-sum Purchase

The acquisition of an asset or multiple assets in a single transaction for a single amount, instead of making payments over time.