Let X ¼ U(a, b). a. Show that if x ¤ a then P(X ¤ x) =

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Let X ˆ¼ U(a, b).
a. Show that if x ‰¤ a then P(X ‰¤ x) = 0.
b. Show that if x > b then P(X ‰¤ x) = 1.
c. Show that if a (x ˆ’ a)/(b ˆ’ a). Conclude that the cumulative distribution function of X is
Let X ˆ¼ U(a, b).
a. Show that if x ‰¤
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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