Question

The variable home Ownership can take on one of two values. 1 if the person living in a home owns the home and 0 if the person living in a home does not own the home. This is an example of a descrete random variable. True or false ?

Answer 1

True

Step-by-step explanation:

Discrete variable are Variable having countable number of values . It is random if the sum of the probabilities of the values it takes is 1