How would you differentiate a discrete from a continuous random variable? Provide a specific example to illustrate the difference.
Provide a scenario when you use might use one type of random sampling method in your industry. Explain why you would choose this method in this scenario, even if another random sampling method could be used?
here is how I would differentiate a discrete from a continuous random variable:
- Discrete random variablesÂ can only take on a finite or countable number of values. For example, the number of heads you get when you flip a coin is a discrete random variable, because it can only be 0, 1, or 2.
- Continuous random variablesÂ can take on any value within a certain range. For example, the height of a person is a continuous random variable, because it can be any value between the minimum and maximum height of a human.
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