Question: Please give 1 specific example of a discrete random variable and 1 specific example of a continuous random variable from your work or industry -

Please give 1 specific example of a discrete random variable and 1 specific example of a continuous random variable from your work or industry - or from your daily life.

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 Finance Questions!

Please give 1 specific example of a discrete random variable and 1 specific example of a continuous random variable from your work or industry - or from your daily life

1. It is a repeatable procedure with a set of possible results. a. experiment b. outcome c. probability d. sample space 2. It is the possible result of an experiment. a. experiment b. outcome c....

On average, you receive 2.6 pieces of junk mail a day. Assume that the number of pieces of junk mail you receive each day follows the Poisson distribution. What is the probability that you receive...

11) a) Give an example of a discrete random variable and report its domain. b) Give an example of a continuous random variable and report its domain. c) How many X values can your random variable...

Acrobat Pro DC File Edit View Sign n Window Help M 6 5 6 2 1 7 : ) 75% [ Mon Nov 2 9:00 PM Q . . . 4.pdf Home Tools 4.pdf ? A 1 /1 + 68.2% 4. (a) A discrete random variable X has the probability mass...

The US inflation rate is 6 . 8 5 % . The Brazilian inflation rate is 9 . 3 0 % The spot rate is $ 0 . 1 9 0 6 / Real . Calculate the expected future spot rate of the Real.

BA 1605: Midterm Recap (Due: Feb. 27, 2015) Name _____________________________ 50 Student ID _____________________________ Section 01B 10:00~11:20 am Section 02B 01:00~02:20 pm [Questions 4 ~ 7] The...

Complete the table and the following statements Independent Assessment 2. Identify whether the given experiment involves a discrete random variable or a continuous random variable. Write your answer...

Help me answer all of the following activities and please do follow the page numberings thank you in advance Activity 3. Direction: Read and analyze the situation below. Answer the questions as...

Work on the following questions and give me explainations Question: 1) Indicate whether or not the following Chi-square statistics are significant:? ? a) 2.75; k =2 __________? ? ? ? b) 11.00; k =5...

Analyze Targets board of directors statement on May 05, 2014 announcing that "Effective immediately, Gregg Steinhafel will step down from his positions as Chairman of the Target board of directors".

Consumers can choose from a wide array of electricity, gas, water, broadband and TV service providers. United Overseas Bank (UOB) launched an online utility marketplace which it claims to be a first...

\ table [ [ XY Consumer Products 6 8 7 Nottingham Park Drive London, ON N 6 A 4 V 8 ] , [ \ table [ [ Invoice No . 6 7 9 ] , [ Sold To: Fred Milsom 3 2 1 Laurentian Cres. Samia, ON ? - N 7 S 4 W 4 ]...

What is the underwriting commission as a percentage? (Enter as a whole number.) Materials on the right have been updated >> Enter a response then click Submit bean :19!) Underwriting Price to...

12. On the basis of a one-factor model, two portfolios, A and B, have equilibrium expected returns of 9.8% and 11.0%, respectively. If the factor sensitivity of portfolio A is 0.8 and that of...

2. Why would an investor wish to form an arbitrage portfolio?

3. What three conditions define an arbitrage portfolio?