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Reading 9: Common Probability Distributions - LOS b ~ Q1-3

Q1. Assume a discrete distribution for the number of possible sunny days in Provo, Utah during the week of April 20 through April 26. For this discrete distribution, p(x) = 0 when x cannot occur, or p(x) > 0 if it can. Based on this information, what is the probability of it being sunny on 5 days and on 10 days during the week, respectively?

A)   A positive value; infinite.

B)   Zero; infinite.

C)   A positive value; zero.

Q2. Which of the following is least likely to be an example of a discrete random variable?

A)   The rate of return on a real estate investment.

B)   The number of days of sunshine in the month of May 2006 in a particular city.

C)   Quoted stock prices on the NASDAQ.

Q3. A random variable that has a countable number of possible values is called a:

A)   probability distribution.

B)   continuous random variable.

C)   discrete random variable.

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