Determine the possible values of the random variable 38 The

Determine the possible values of the random variable. 38) The following frequency distribution lists the annual household incomes (In thousands of dollars) 38) of one neighborhood In a large city. For a randomly selected Income between $200,000 and $ 700.000. let Y denote the number of households with that Income. What are the possible values al the random variable Y?

Solution

The answer is C) 59, 66, 67, 93, 15

It is given that, Y denotes the number of households with that income.

the table indicates, how many families fall with in each income group.

So, here Frequency is the Random Variable Y.

Therefore the answer is C) 59, 66, 67, 93, 15