A Continuous Probability Distribution Is Characterized by A

question 6

Multiple Choice

A continuous probability distribution is characterized by a:

• A) mean and a standard deviation.
• B) mean and a variance.
• C) density function.
• D) histogram

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Definitions:

Positively Correlated

A relationship between two variables where if one variable increases, the other variable also increases.

Correlation Coefficient

The correlation coefficient is a statistical measure that calculates the strength and direction of a linear relationship between two quantitative variables.

Stock Market

A marketplace where stocks (shares of ownership in businesses) are bought and sold, often indicating the general health of an economy.

Stocks

Shares of ownership in companies, traded on stock markets, that represent a claim on the company's assets and earnings.