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SEND ALL ANSWERS A probability density function is constructed so that the area under its curve bounded by the x axis is less than 1
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- A probability density function is constructed so that the area under its curve bounded by the x axis is less than 1 when computed over the range of X for which f(x) is defined. TRUE OR FALSE
- If a sample space contains a finite number of possibilities or an unending sequence with as many elements as there are whole numbers, it is called a _______ sample space.
- The likelihood of the occurrence of an event resulting from such a statistical experiment is evaluated by means of a set of real numbers, called _______.
- Experimental studies collect data by observing the population with as minima interference as possible. TRUE OR FALSE
- In most practical problems, continuous random variables represent measured data, such as all possible heights, weights, temperatures, distance, or life periods. TRUE OR FALSE
- The probability of an event B occurring when it is known that some event A has occurred is called ______ probability.
- _______ is the number of ways of selecting r objects from n without regard to order.
- A distribution function can only be classified as cumulative if it satisfies two properties. TRUE OR FALSE
- Enumerative study makes an inference to a future (conceptual) population (e.g. defective rate of products at a production line. TRUE OR FALSE
- The fundamental principle of counting is _____ rule.
- Two events are ______ if they don't have elements in common.
- Keiretsu are often established to share best practices and improve risk management by increasing known variables. TRUE OR FALSE
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