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Question
Solve the following :
Identify the random variable as either discrete or continuous in each of the following. Write down the range of it.
An economist is interested the number of unemployed graduate in the town of population 1 lakh.
Solution
Let X = number of unemployed graduates in a town.
Since, the population of the town is 1 lakh, X takes the finite values.
∴ random variable X is discrete.
Range = {0, 1, 2, …, 99999, 100000}.
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