Asked by Michael Bonilla on Sep 27, 2024
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.
Continuous Random Variable
A type of random variable that can take an infinite number of values within a given range, often measured to any degree of precision.
Weekly Income
The amount of money someone earns in one week from all sources of employment or investments.
- Classify variables as either discrete or continuous by examining the countability or uncountability of their values.
Learning Objectives
- Classify variables as either discrete or continuous by examining the countability or uncountability of their values.
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