Explain whether each of the following is a valid probability distribution. If the probability distribution is valid,

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Explain whether each of the following is a valid probability distribution. If the probability distribution is valid, show why. Otherwise, show which conditions of a probability distribution are not satisfied.
a.
x p(x)
-1.................. .2
0.................. .6
1.................. .2
b.
xP(x)
½................-1
¾.................0
1..................2
c.
XP(x)
2...................25
4...................35
6.................. .3
d.
xP(x)
.1................2/7
.7...............4/7
.9...............1/7 Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Business Statistics In Practice

ISBN: 9780073401836

6th Edition

Authors: Bruce Bowerman, Richard O'Connell

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