Some important characteristics of probability distributions in general include the following distinctions:
A) Discrete versus continuous
B) Symmetric versus skewed
C) Bounded versus unbounded
D) Positive (or nonnegative)versus unrestricted
E) All of these options

Question

Quizplus · Accepted Answer

All of the given options are important characteristics of probability distributions. Discrete versus continuous distinguishes probability distributions that have a countable number of outcomes from those with a continuous range of outcomes. Symmetric versus skewed distinguishes probability distributions that are roughly symmetrical around their mean from those that are not. Bounded versus unbounded distinguishes probability distributions with a finite range from those that don't have a set limit for their values. Positive versus unrestricted distinguishes probability distributions where all outcomes are positive or non-negative from those where outcomes may be negative.

Some Important Characteristics of Probability Distributions in General Include the Following