Which of the Following Incorrectly Describes the Discrete Probability Distributions

question 109

Multiple Choice

Which of the following incorrectly describes the discrete probability distributions and continuous probability density functions?

• A) They both reflect the distribution of a random variable.
• B) They both have outcomes, which occur only in integers.
• C) They both assist in determining the probability of a given outcome.
• D) They are both relative frequency distributions.
• E) None of these.

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Definitions:

Flatter

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Demand Curves

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Shift Right

In economic terms, a shift to the right of a demand or supply curve represents an increase in demand or supply.

Remaining Firms

The number of businesses that continue to operate in a market after others have exited, often in response to economic conditions or competitive pressures.