A Random Variable X Has a Distribution Given by F(1)=

question 41

Multiple Choice

A random variable X has a distribution given by f(1) = 0.6,f(2) = 0.2,f(3) = 0.2.The mean of X is

• A) 0.33.
• B) 0.4.
• C) 1.6.
• D) 1.8.
• E) 3.

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Definitions:

Market

A place or arrangement where buyers and sellers interact to trade goods, services, or financial instruments.

Sellers

Individuals or entities that offer goods or services for sale in the marketplace.

Buyers

Individuals or entities that acquire goods or services in exchange for money.

Social Security Tax

A tax collected by the government to fund the Social Security program, typically levied on both employers and employees to provide retirement, disability, and survivorship benefits.