The random variable X is known to be uniformly distributed between 2 and 12 . Compute P(X = 3)
0
RATIONALE: A single point is an interval of zero width. This implies that the probability of a continuous random variable assuming any particular value exactly is zero.
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Clustering should be done on samples of at least 300 or more
Indicate whether the statement is true or false
Many nonprofit chief executive officers spend the majority of their time on ______.
A. marketing B. fund-raising C. personnel management D. research and development
All of the following are true of known liabilities except:
A. Can arise form laws. B. Are measurable. C. Include accounts payable, notes payable, and payroll. D. May depend on some future event occurring. E. Can arise from agreements or contracts.
The risk identification process should be limited to just the core project team.
Answer the following statement true (T) or false (F)