The Variable "Home Ownership" Can Take on One of Two

question 105

True/False

The variable "home ownership" can take on one of two values,1 if the person living in a home owns the home and zero if the person living in a home does not own the home.This is an example of a discrete random variable.

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Definitions:

Motivated Reasoning

A cognitive process whereby individuals' desires and emotions influence their perception and decision-making, often leading to biased conclusions.

Social Media

comprises online platforms and technologies that facilitate the sharing of ideas, interests, and information through virtual networks and communities.

Fake News

False or misleading information presented as news, often with the intent of manipulating public opinion or obscuring the truth.

Authenticating Act

An action or behavior that serves to verify or affirm the authenticity of a person, product, or entity.