Questions
econ_203_120255_248725 Midterm
True/False
True or False? Consider the following table: x P(X=x) 0 0.32 1 2 0.20 3 0.15 4 -0.05 If P(X=1) is assigned a value of 0.38, then the above distribution is a valid probability distribution.
Options
A.True
B.False
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Step-by-Step Analysis
Consider the given probability table and the rule that probabilities must be nonnegative and sum to 1.
Option 1: True. If someone claimed the distribution is valid, we would check both nonnegativity and the total probability. Here, P(X=4) = -0.0......Login to view full explanationLog in for full answers
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