The Variable Employment Status, Which Can Take Either the Value

question 67

Multiple Choice

The variable Employment Status, which can take either the value 1 for Employed or 0 for Unemployed, is an example of a ________ random variable.

• A) Poisson
• B) discrete
• C) hypergeometric
• D) continuous

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Definitions:

Six-Figure Accuracy

A term usually used to describe financial calculations or measurements that are accurate to at least 100,000 or within six figures.

Superscript

A character, number, or symbol set slightly above the normal line of text, commonly used in mathematical expressions and references.

Six-Figure Accuracy

A level of measurement precision where values are accurate to six digits.

Radical

A term used to describe significant or fundamental changes or the individuals advocating for such changes.