A Random Variable X Is Best Described by a Continuous

question 89

Multiple Choice

A random variable X is best described by a continuous uniform distribution from 20 to 45 inclusive.What is P(30 ≤ X ≤ 40) ?

• A)0.20
• B)0.40
• C)0.60
• D)0.80

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Definitions:

Price-Earnings Ratio

A valuation measure comparing the current share price of a company to its per-share earnings, used to evaluate if a stock is over or undervalued.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.

Selling Bonds

The act of offering bonds to investors as a way to raise funds; bonds are debt securities under which the issuer owes the holders a debt.

Shares of Stock

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.