Which of the Following Best Describes a Random Variable

question 46

Multiple Choice

Which of the following best describes a random variable?

• A) A spreadsheet input cell containing a random number generator.
• B) The outcome of a simulation model.
• C) Any variable whose value cannot be predicted with certainty.
• D) All of these describe random variables.

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Definitions:

Utility

A service provided by a company or public entity, such as electricity, water, or telecommunications, regarded as essential for daily living.

Restrictive Covenant

A contractual clause limiting future behaviour. A means by which an owner of property may continue to exercise some control over its use after the property has been conveyed to another.

Injunction

A court order requiring a party to do or cease doing a specific action.

Servient Tenement

A parcel of land subject to a right-of-way or easement.