The market share of a relatively popular soft drink in Canada could be classified as a uniform random variable.

Question

Quizplus · Accepted Answer

A market share of a popular soft drink in Canada would not be classified as a uniform random variable because it is not equally likely to take on any value between 0% and 100%. The market share would be influenced by various factors such as marketing, pricing, and consumer preferences, which would result in a non-uniform distribution of possible values.

The Market Share of a Relatively Popular Soft Drink in Canada