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

question 2

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 is an example of a discrete random variable.

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Definitions:

Ethical Misconduct

Ethical misconduct involves actions or behaviors by an individual or organization that violate ethical standards or principles.

Ethical Decisions

Choices made based on moral principles and values, considering the rightness and wrongness of potential actions and their impacts.

Unethical Decisions

Choices that go against moral principles and guidelines.

Magnitude of Consequences

The extent or severity of the outcomes resulting from an action or event.