Multiple Choice
Which of the following is correct about a probability distribution? (i) Sum of all possible outcomes must equal 1.
(ii. Outcomes must be mutually exclusive.
(iii) Probability of each outcome must be between 0 and 100 inclusive.
A) (i) , (ii) , and (iii) are all correct statements.
B) (i) is a correct statement but not (ii) or (iii) .
C) (i) and (ii) are correct statements but not (iii) .
D) (ii) and (iii) are correct statements but not (i) .
E) (i) , (ii) , and (iii) are all false statements.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: David's gasoline station offers 4 cents off
Q33: Elly's hot dog emporium is famous for
Q34: i. A binomial distribution has a characteristic
Q35: A company is studying the number of
Q36: Affirmative action commitments by industrial organizations have
Q38: (i. A binomial probability distribution approaches a
Q39: Elly's hot dog emporium is famous for
Q40: A true-false test consists of five questions.
Q41: (i. A continuous random variable can assume
Q42: Carlson Jewelers permits the return of their