The values of x in a discrete probability distribution must be both exhaustive and mutually exclusive. What

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The values of x in a discrete probability distribution must be both exhaustive and mutually exclusive. What is meant by these two terms?

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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