Consider the Following Cumulative Distribution Function for the Discrete Random

question 9

Multiple Choice

Consider the following cumulative distribution function for the discrete random variable. What is the probability that X is less than or equal to 2?

• A) 0.14
• B) 0.30
• C) 0.44
• D) 0.56

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Definitions:

Barter

The direct exchange of goods and services between parties without the use of money.

Electronic Entries

Transactions or records created and stored in digital form, often used in banking and bookkeeping.

Absence

The state of something being not present or lacking.

Double Coincidence

A condition in barter systems where two parties each possess an item the other wants, facilitating a direct exchange without the need for a common currency.