Which of the Following Statements About the Probability Distribution Is

question 2

Multiple Choice

Which of the following statements about the Probability Distribution is correct?

• A) A Probability Distribution deals with random variables.
• B) A Probability Distribution shows the probability of occurrence of a variable.
• C) A Probability Distribution shows all possible outcomes of a variable.
• D) All of the above are correct.

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Definitions:

Balance Of Trade Surplus

Occurs when a country's exports exceed its imports during a given time period, indicating a positive balance of trade.

Swiss Francs

The currency of Switzerland, used as a medium of exchange within the country.

Appreciated

A rise in the value of an asset or currency.

Dollar

A unit of currency used in the United States and other countries, known for being a standard medium of exchange.