A Hardware Store Will Cut Lumber Any Length Between 5 $f ( x ) = \frac { 1 } { 15 }$

question 81

Short Answer

A hardware store will cut lumber any length between 5 and 20 feet. Say X is the length of lumber requested by a customer. Then X is a uniform random variable with probability density function $f ( x ) = \frac { 1 } { 15 }$ Find E(X) and Var(X).
Enter just two reduced fractions (unlabeled) in the order E(X), Var(X) separated by a comma.

Identify the effects of reverse stock splits on the number of shares outstanding.

Predict the new stock price after a stock split based on the previous price and expected market value increase.

Describe an optimal distribution policy for a firm in terms of maximizing stock price.

Compare the effects of stock dividends and stock splits on shareholder's wealth.

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Definitions:

Basolateral Amygdala

A region of the amygdala involved in processing emotional responses, memory, and decision-making, crucial for fear conditioning and associative learning.

Corticomedial Amygdala

The section of the amygdala that is activated by a surprising event

Surprising Event

An occurrence that is unexpected and can potentially alter behavior or conditions based on its unpredictability.

Salient Stimuli

Stimuli that are more noticeable or significant to the organism, often due to their novelty or intensity, and thus more likely to affect behavior.