Question: Income can be either continuous or discrete depending on how the question is asked. Give an example representing a discrete probability distribution and another example

Income can be either continuous or discrete depending on how the question is asked. Give an example representing a discrete probability distribution and another example representing a continuous probability distribution. Explain, why your choices are discrete and continuous?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!