Which of the Following Is Not a Discrete Random Variable

question 38

Multiple Choice

Which of the following is not a discrete random variable?

• A)The number of times a light changes red in a 10-minute cycle.
• B)The number of minutes required to run 1 mile.
• C)The number of defects in a sample selected from a population of 100 products.
• D)The number of criminals found in a five-mile radius of a neighborhood.

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Definitions:

Compounded Monthly

A method of calculating interest in which the interest accrued in each month adds to the principal for the calculation of subsequent interest.

Effective Annual Rate

The interest rate that is annually compounded, taking into account the effects of compounding.

Perpetuity

A type of annuity that pays an infinite series of cash flows, with no end date.

Opportunity Cost

The financial consequence of skipping the immediate secondary choice while deciding.