Asked by terry michel on Sep 26, 2024

The number of accidents that occur annually on a busy stretch of highway is an example of:

A) a discrete random variable.
B) a continuous random variable.
C) expected value of a discrete random variable.
D) expected value of a continuous random variable.

Discrete Random Variable

A variable that assumes a finite number of unique values, typically signifying the results of a stochastic process.

Continuous Random Variable

A type of random variable that can take an infinite number of possible values within a given range, often associated with measurements.

Expected Value

The sum of all possible outcomes of a random process, each multiplied by its probability of occurrence.

  • Identify and describe different types of random variables (discrete, continuous).