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I a Random Variable Is Assigned Numerical Values Based on the Outcomes

Question 1

Multiple Choice

i. A random variable is assigned numerical values based on the outcomes of an experiment.
ii. A random variable is a quantity resulting from a random experiment that can assume different values by chance.
Iii) The mean of a probability distribution is referred to as its expected value.


A) (i) , (ii) and (iii) are all correct statements
B) (i) is a correct statement but not (ii) or (iii) .
C) (i) and, (iii) are correct statements but not (ii) .
D) (ii) and, (iii) are correct statements but not (i) .
E) All statements are false

Correct Answer:

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