Determine Whether the Given Function Is a Probability Density Function

question 174

Multiple Choice

Determine whether the given function is a probability density function on the specified interval.

• A) no
• B) yes

---

Definitions:

Unemployment Benefits

Government payments to individuals who are unemployed and actively seeking work, intended to support them financially.

Purchasing Power

The worth of a currency represented by how much goods or services can be purchased with one unit of that currency.

Recognition Lag

The time delay between when an economic problem or shock occurs and when it is recognized or identified by policymakers.

Political Lag

The delay between a need for policy action being identified and the government implementing the response, often due to bureaucratic or political reasons.