A Continuous Probability Distribution Having a Rectangular Shape,where the Probability

question 28

True/False

A continuous probability distribution having a rectangular shape,where the probability is evenly distributed over an interval of numbers,is called a uniform probability distribution.

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Definitions:

Economically Viable

An initiative, project, or business is considered economically viable if it has the potential to generate enough revenue or benefits to cover its expenses and provide a return on investment.

Discontinue Funding

The act of stopping the provision of financial resources to a project, initiative, or company.

Valuations

The process of determining the current worth of an asset or a company, often used in financial analysis and investment decisions.

Private Companies

Businesses that are owned privately by individuals, groups, or families, and whose shares are not traded publicly on stock exchanges.