The variance is a measure of dispersion or variability in the random variable. It is a weighted average of the
square root of the deviations from the mean
square root of the deviations from the median
squared deviations from the median
square deviations from the mean
A numerical description of the outcome of an experiment is a random
description
outcome
number
variable
A random variable that can take on only a finite or countable number of values is known as a
continuous random variable
discrete random variable
discrete probability
none of the above
A random variable that may take on any value in an interval or collection of intervals is known as a
continuous random variable
discrete random variable
continuous probability function
none of the above
A weighted average of the value of a random variable where the probability function provides weights is known as
a probability function
a random variable
the expected value
none of the above
The following represents the probability distribution for the daily demand of microcomputers at a local store:
The expected daily demand is:
1.0
2.2
2, since it has the highest probability
of course 4, since it is the largest demand level
0
The probability distribution for a discrete random variable which is used to compute the probability of x successes in n trials is known as the
normal probability distribution
standard normal distribution
binomial probability distribution
none of the above
The probability distribution for a discrete random variable that is used to compute the probability of x occurrences of an event over a specified interval is known as
the normal probability distribution
the standard normal distribution
a discrete random variable
a linear function
the Poisson probability distribution
Which of the following is a required condition for a discrete probability function?
Σf(x)= 0
Σf(x)= 1
f(x) < 0
f(x) > 0
none of the above
The expected value of a binomial probability distribution is