A continuous random variable is uniformly distributed between a and b. The probability density function between a and b is
a. zero.
b. (a - b).
c. (b - a).
d. 1/(b - a).
d
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Indicate whether the statement is true or false
The income statement of Ride-on Motors, an automotive manufacturer, for the year ended December 31, 20x1, reported revenues $7,400 million and cost of sales of $6,000 million. In addition, it reported other operating expenses of $900 million, a loss of $2 million on the sale of a business, and net financing income of $200 million. Tax expense for the year was $100 million. Compute the amount of
net income or loss that Ride-on Motors reported for 20x1. a. net income of $198 million b. net income of $698 million c. net loss of $698 million d. net income of $598 million e. net loss of 598 million