Explain why each of the following is or is not a valid probability distribution for a discrete random variable x a b c d 32 23 3 2 p(x) 25 50 20 20 p(x) 3 1 03 3 15 20 40 5 p(x) 40 35...

a This is a valid distribution because px 2 3 3 2 1 and px 0 ...

Explain why each of the following is or is not a valid probability distribution for a discrete

Question:

Explain why each of the following is or is not a valid probability for a discrete random variable x:
a.

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...