Asked by Salma Tawfic on Jun 12, 2024

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The number of homes sold by a real estate agency in a three week period is an example of a continuous random variable.

Continuous Random Variable

A variable that can assume an infinite number of values within a specific range and is used in probability and statistics.

Homes Sold

The number of residential properties that have been sold over a specific period of time.

  • Identify examples of discrete and continuous random variables in real life.
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CK
Chantelle KoellnerJun 14, 2024
Final Answer :
False
Explanation :
The number of homes sold in a three week period is a discrete random variable, as it can only take on a finite set of values (i.e. whole numbers). A continuous random variable, on the other hand, can take on any value within a given range (e.g. time, temperature, height, etc.).