When a ________ Probability Distribution Is Used to Approximate a ________

question 17

Multiple Choice

When a ________ probability distribution is used to approximate a ________ probability distribution, we must make a ________ correction.

• A) continuous, discrete, continuity
• B) discrete, continuous, continuity
• C) continuous, discrete, finite population
• D) None of these answers are correct.

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Definitions:

Unanimous Decision

An agreement on a particular issue where all members of a group fully concur without any objection.

Illusion of Invulnerability

A cognitive bias that leads individuals or groups to underestimate the risks they face, often resulting in overly optimistic decision making.

Danger Signs

Indications or warnings of potential trouble, risk, or adverse conditions within an organization or process.

Conservative Decision

A choice made with caution, typically avoiding risk and preferring the most stable or least uncertain option.