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The Probability Density Function for a Random Variable X Is 3x43 x ^ { - 4 }

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Short Answer

The probability density function for a random variable X is f(x) = 3x43 x ^ { - 4 } , x ≥ 1. Find Pr(2X)\operatorname { Pr } ( 2 \leq X ) .
Enter just a reduced fraction.


Definitions:

Product Cost

The total cost involved in making a product, including direct labor, direct materials, and manufacturing overhead.

Plantwide Factory Overhead Rate

A single overhead absorption rate used throughout an entire plant or factory, calculated by dividing total overhead costs by a common base like labor hours or machine hours.

Budgeted Units

The quantity of products or services that an organization plans to produce or offer in a specific period based on its budget.

Plantwide Overhead Rate

A single overhead rate computed by dividing total factory overhead by a base, applied throughout an entire manufacturing plant.

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