Question: Answer both questions please A random variable is classified as either discrete or continuous. True False Question 10 (10 points) Estimates of earnings and their

Answer both questions please A random variable is

Answer both questions please

A random variable is classified as either discrete or continuous. True False Question 10 (10 points) Estimates of earnings and their chances are in the following table. The expected value of the earnings is closest to which value? Earnings $260,000 $400,000 $600,000 Chance 1 in 10 6 in 10 3 in 10 $506,000 $493,000 $446,000

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