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UGBA 104 - EXAM 1 (ACTUAL 2025) QUESTIONS AND ANSWERS

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UGBA 104 - EXAM 1 (ACTUAL 2025) QUESTIONS AND ANSWERS

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UGBA 104 - EXAM 1 (ACTUAL 2025) QUESTIONS
AND ANSWERS



Discrete Random Variable X
takes on finite (infinitely countable) number of values




How are Discrete Random Variables represented?
probability mass function, p(x)




Continuous Random Variable X
takes on infinite number of values




How are Continuous Random Variables represented?
probability density function




Types of Discrete Random Variables
(1) integer uniform
(2) custom discrete
(3) bernoulli
(4) binomial

, UGBA 104 - EXAM 1 (ACTUAL 2025) QUESTIONS
AND ANSWERS



Integer Uniform RV
each value in a range of integers is equally likely to occur




Integer Uniform RV - Parameters
minimum, maximum (lower, upper bound)




Integer Uniform RV - Mean
(lower + upper)/2




Custom Discrete RV
customized set of variables and corresponding probabilities




Custom Discrete RV - Parameters
(1) set of values
(2) set of corresponding probabilities

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