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Author Question: Let X represent weekly income expressed in dollars. Since there is no set upper limit, we cannot ... (Read 94 times)

Pea0909berry

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on: Jun 24, 2018
Let X represent weekly income expressed in dollars. Since there is no set upper limit, we cannot identify (and thus cannot count) all the possible values. Consequently, weekly income is regarded as a continuous random variable.
  Indicate whether the statement is true or false

Question 2

In practice, we frequently use a continuous distribution to approximate a discrete one when the number of values the variable can assume is countable but very large.
  Indicate whether the statement is true or false


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ryrychapman11

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Reply #1 on: Jun 24, 2018
Answer to Question 1

T

Answer to Question 2

T


Pea0909berry

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Reply #2 on: Jun 24, 2018
Thank you :)


ryrychapman11

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Reply #3 on: Jun 24, 2018
Happy to help you


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