Table 17 gives the probability distribution of the random variable U (a) Determine the probability that U 4 (b) Find Pr (U yen 2) (c) Find the probability that U is at most 3 (d) Find the probability that U 2 is less than 4 (e) Draw the histogram of the distribution of U Table 17 Pr(U k) k 13 2 1 1...

a 11315 215 b PrU2PrU2PrU3PrU4 415315215 915 3 ...

Table 17 gives the probability distribution of the random variable U. (a) Determine the probability that U

Question:

Table 17 gives the probability of the random variable U.

Table 17 Pr(U = k) k 13 2 1 15 3 13 ? 2. 4.

(a) Determine the probability that U = 4.
(b) Find Pr (U ‰¥ 2).
(c) Find the probability that U is at most 3.
(d) Find the probability that U + 2 is less than 4.
(e) Draw the histogram of the distribution of U.

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...