Classify the following random variable according to whether it is discrete or continuous. The temperature in degrees Celsius on January 1st in Fargo, North Dakota Group of answer choices Discrete Continuous

Classify the following random variable according to whether it is discrete or continuous. The temperature in degrees Celsius on January 1st in Fargo, North Dakota Group of answer choices Discrete Continuous

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter1: Introducing The Economic Way Of Thinking

Section1.A: Applying Graphs To Economics

Problem 6SQ

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Concept explainers

Hypothesis Testing

In statistics, there are two ways to calculate the sample data. One is descriptive statistics and the other is inferential statistics. In descriptive statistics, all of the information is defined through graphs and charts. In inferential statistics, it allows one to test the hypothesis and it is always used to predict the data. Inferential statistics has two main areas: estimating parameters and hypothesis testing. A hypothesis is a statement about the unknown parameter of the population which we want to verify from the information available from the sample. The premise may or may not be true. The estimation of the whole population would be a reasonable way of deciding if the statistical hypothesis is valid. There are two types of hypotheses. They are null hypothesis and alternative hypothesis.

Question

Classify the following random variable according to whether it is discrete or continuous.

The temperature in degrees Celsius on January 1st in Fargo, North Dakota

Group of answer choices

Discrete

Continuous

Expert Solution

Step 1

Discrete variables are those variables which value can be whole number only .

Continuous variables are those whose value can be both whole numbers and fractional number.

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