Question: Help A distribution is given as X ~ U(0, 12). What is a? (Enter an exact number as an integer, fraction, or decimal.) a 6

Help

A distribution is given as X ~ U(0, 12). What is a? (Enter an exact number as an integer, fraction, or decimal.) a 6 X What does it represent? O the mean of x O the probability of success O the standard deviation of x O the highest value of x O the lowest value of x X

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1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.

4. It is only at this point that you can give the problem your full attention in relation to the various ways you have framed the problem.