Which of the Following Is a Discrete Random Variable

question 136

Multiple Choice

Which of the following is a discrete random variable?

• A) The average daily consumption of water in a U.S.household.
• B) The weight of football players in the NFL.
• C) The number of three-point shots completed in a college basketball game.
• D) The time required to drive from Dallas to Denver.
• E) The average daily temperature in the world.

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Definitions:

Spot Exchange Rate

The current price at which one currency can be exchanged for another currency in the foreign exchange market.

Forward Exchange Rate

The rate at which two currencies will be exchanged at a specified future date, agreed upon today.

Strong U.S. Dollar

Strong U.S. Dollar refers to a situation where the value of the U.S. dollar is high relative to other currencies, impacting international trade and economic conditions.

Export Demand

The demand for domestic goods and services in foreign markets.