Examlex

Solved

Taxi It Is a Cab Service Company

question 26

Multiple Choice

Taxi It is a cab service company. Every vehicle used by the company has a wireless passive tracking system installed in it, which monitors the location of the vehicle at any given time. This way, the management is always aware of where a driver is and where he or she is headed. This is an example of _____.


Definitions:

Discrete Random Variable

A variable that takes on a countable number of distinct values and is often used to model scenarios where outcomes are distinct and separate.

Discrete Quantitative Variables

Variables that represent countable quantities and can take on a finite number of distinct values.

Elementary Units

The simplest, indivisible entities which a data set or a statistical analysis is concerned with.

Finite Result

An outcome or solution that is fixed and definitive, with limitations in terms of size, number, or extent.

Related Questions