For a Probability Distribution for a Discrete Random Variable,the Sum

question 10

True/False

For a probability distribution for a discrete random variable,the sum of the probabilities must equal 1.

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Liability

A legal responsibility or obligation that arises from actions, claims, or debts.

Delegation

The act of transferring responsibility and authority from one person or group to another.

Assignment

An assignment involves the transfer of rights or property from one party to another, typically related to contracts, but also applicable in other legal contexts.

Third-Party Beneficiary

An individual or group that stands to benefit from a contract made between two other parties, even though they are not a direct party to the contract.