How would you differentiate a discrete from a continuous random variable?

Many business activities generate data that can be thought of as random. For example, a service manager at an auto shop needs to understand the data for cars coming in for services like oil changes. A variable of interest is the amount of time necessary to service the car, since service time will vary with each car. They can often capture the most relevant characteristics with a simple probability distribution model. The service manager can then analyze the model to make predictions and drive decisions, such as how many technicians to schedule to service demand on a Saturday afternoon.

Respond to the following:

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?

Collepals.com Plagiarism Free Papers

Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS

Why Hire Collepals.com writers to do your paper?

Quality- We are experienced and have access to ample research materials.

We write plagiarism Free Content

Confidential- We never share or sell your personal information to third parties.

Support-Chat with us today! We are always waiting to answer all your questions.