Which of the Following Are Continuous Random Variables

question 12

Multiple Choice

Which of the following are continuous random variables?
I.the weight of an elephant
II.the time to answer a questionnaire
III.the number of floors in a skyscraper
IV.the square feet of countertop in a kitchen

• A)I and II only
• B)III and IV only
• C)I, II and IV
• D)I, II, II, and IV

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Definitions:

Rate of Return

A measurement of the gain or loss on an investment over a specific period, expressed as a percentage.

Contribution Margin

The difference between sales revenue and variable costs, used to cover fixed costs and generate profit.

Bottleneck

A point of congestion in a production system that occurs when workloads arrive too quickly for the production process to handle, often leading to delays and lower production efficiency.

Decorated Cakes

These are cakes that have been aesthetically designed and adorned with icing, frosting, and other edible decorative elements.