Mgt 218 Fall 2017 Final Exam Name Date: A continuous random variable is a random

Question

Mgt 218 Fall 2017 Final Exam Name Date: A continuous random variable is a random variable that can: A) assume only a countable set of values B) assume any value in one or more intervals C) have no random sample D) assume no continuous random frequency 2. For a continuous random variable x, the probability that x assumes a value in an interval is: A) in the range zero to B) greater than 1 C) less than zero D) greater than 2 3. For a continuous random variable x, the total probability of all (mutually exclusive intervals within which r can assume a value is A) less than 1 B) greater than 1 C) equal to l D) between zero and 1 4. The probability that a continuous random variable r assumes a single value is always A) less than l B) greater than zero C) equal to zero D) between zero and 1 5. Which of the following is not a characteristic of the normal distribution? A) The total area under the curve is 1.0 B) The curve is symmetric about the mean C) The value of the mean is always greater than the value of the standard deviation D) The two tails of the curve extend indefinitely

Explanation / Answer

1. A continuous random variable can assume any value within the given interval.

Option B is correct.

2. Option A is correct.

3. Option C is correct.

4. Option C is correct.

5. Option C is correct.

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