I a Random Variable May Be Either Discrete or Continuous

question 111

Multiple Choice

i. A random variable may be either discrete or continuous.
ii. If Unique Buying Services has 100 employees, there might be 0, 1, 2, 3 up to 100 employees
Absent on Monday. In this case, the day of the week is the random variable.
iii. If we measure the weight of an eggnog carton, the variable is referred to as being a discrete
Random variable.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) is a correct statement but not (ii) or (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Misinformation

False or inaccurate information that is spread, regardless of intention to deceive.

Repeated

An action or event that occurs more than once or has been done or said again.

Believable

Capable of being accepted as true or realistic; convincing or credible.

Hindsight Bias

The inclination to see events that have already occurred as being more predictable than they were before they took place.