Correct answer = C
"Common Probability Distributions," Richard A. Defusco, Dennis W. McLeavey, Jerald E. Pinto, and David E. Runkel 2008 Modular Level I, Vol. 1, pp. 373-374 Study Session 3-9-d define a discrete uniform random variable and a binomial random variable, calculate and interpret probabilities given the discrete uniform and the binomial distribution functions, and construct a binomial tree to describe stock price movement The random variable has a finite number of specified outcomes, and each outcome is equally likely; such a statement makes a complete description of the discrete uniform random variable. |