Discrete and continuous data
Distinguish between discrete and continuous data in brief.
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Discrete data are whole numbers. They take on particular values and no values in between. Data like the number of homes one has could be one or two as an example of discrete data as one could not own one and a half homes.Continuous data is a random variable and can take on any value on a range. An example of temperature could be 30.23 degrees.
Suppose we have a stick of length L. We break it once at some point X _ Q : Problem on Chebyshevs theorem 1. Prove 1. Prove that the law of iterated expectations for continuous random variables.2. Prove that the bounds in Chebyshev's theorem cannot be improved upon. I.e., provide a distribution which satisfies the bounds exactly for k ≥1, show that it satisfies the
1. Prove that the law of iterated expectations for continuous random variables.2. Prove that the bounds in Chebyshev's theorem cannot be improved upon. I.e., provide a distribution which satisfies the bounds exactly for k ≥1, show that it satisfies the
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