A Property of Continuous Distributions Is That

question 21

Multiple Choice

A property of continuous distributions is that

• A) as with discrete random variables, the probability distribution can be approximated by a smooth curve.
• B) probabilities for continuous variables can be approximated using discrete random variables.
• C) unlike discrete random variables, probabilities can be found using tables.
• D) unlike discrete random variables, the probability that a continuous random variable equals a specific value is zero [P(X = x) = 0].

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Definitions:

Silver Handshakes

Severance packages offered to encourage older or long-term employees to voluntarily resign, typically as a cost-saving measure for the company.

Women

Refers to adult human females, often discussed in contexts involving gender equality, rights, and social issues.

Younger Age

Pertains to individuals who fall into a lower age bracket, often considered in contexts like employment where age can impact opportunities or perceptions.

Defined-Benefit Plan

A type of retirement plan where the employer guarantees a specific retirement benefit amount for the employee based on a formula.