For each of the following, determine whether the given values can serve as the values of a distribution function of a random variable with the range x 1, 2, 3, and 4 (a) F(1) 0 3, F(2) 0 5, F(3) 0 8, and F(4) 1 2 (b) F(1) 0 5, F(2) 0 4, F(3) 0 7, and F(4) 1 0 (c) F(1) 0 25, F(2) 0 61, F(3) 0 83, an...

For each of the following, determine whether the given values can serve as the values of a

Question:

For each of the following, determine whether the given values can serve as the values of a function of a random variable with the range x = 1, 2, 3, and 4:
(a) F(1) = 0.3, F(2) = 0.5, F(3) = 0.8, and F(4) = 1.2;
(b) F(1) = 0.5, F(2) = 0.4, F(3) = 0.7, and F(4) = 1.0;
(c) F(1) = 0.25, F(2) = 0.61, F(3) = 0.83, and F(4) = 1.0.
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...