If X Is a Discrete Random Variable

question 12

Multiple Choice

If X is a discrete random variable,

• A)it is possible for X to take on an infinite number of values.
• B)X may only take a finite number of values.
• C)X may only take on whole number values.
• D)X cannot take on negative values.
• E)X cannot take on positive values.

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Definitions:

Multiple Options

Refers to situations or questions that offer more than one possible answer or choice.

Outcomes Of Decisions

The consequences or results that follow from the choices individuals make.

Utility Theory

An economic theory that describes how individuals make choices based on their perceived satisfaction or utility from outcomes, aiming to maximize pleasure and minimize pain.

Predict How Feel

the attempt to forecast one’s future emotional states or reactions in specific situations, which can influence decision-making and planning.