Reference no: EM132850765

1) Are the following variable discrete or continuous variables?

a. Number of students in between the heights 5'6" and 5'11" at SFU

b. The time between classes

c. The speed of the skytrain. 

d. Number of times a student falls asleep in OPMT 1130 lecture

e. Number of students in the School of Business

f. The height of a student at SFU

2) You are deciding whether to invest $5,000 in stocks or bonds. The amount you will profit on either investment will depend on how the market shifts.

• If there is growth in the market, you would expect a profit of $500 from an investment in stocks, whereas you would only expect to earn $100 from an investment in bonds
• If there is no growth in the market, you would still earn $100 from an investment in bonds; however, you would lose $200 from an investment in stocks.
• There is a 60% chance that there will be growth in the market and a 40% chance there will be no growth in the market

a. What options are you choosing between?

• Investing $5000
• Making $500, $100 or losing $200
• Investing in stocks or bonds
• Market having growth or no growth

b. What are the random event(s) that will affect the profitability of your investment?

• Making $500, $100 or losing $200
• Market having growth or no growth
• Investing in stocks or bonds
• Investing $5000