(i. A continuous random variable can assume one of an infinite number of values within a specific range. (ii) The sum of the probabilities of the mutually exclusive outcomes of a probability distribution must equal one.
(iii) In a binomial experiment, the probability of a failure equals (1 - probability of success).
A) (i), (ii), and (iii) are all correct statements.
B) (i) is a correct statement but not (ii) or (iii).
C) (i) and (iii) are correct statements but not (ii).
D) (ii) and (iii) are correct statements but not (i).
E) (i), (ii), and (iii) are all false statements.

Question

Quizplus · Accepted Answer

(i) is true as a continuous random variable can take on infinite values within a specific range.
(ii) is true because the probabilities of all mutually exclusive outcomes must add up to 1.
(iii) is also accurate as the probability of failure in a binomial experiment is equal to (1 - probability of success).

(I a Continuous Random Variable Can Assume One of an Infinite