5.4 The staff at Fortune magazine recently isolated what they considered to be t

Question

5.4 The staff at Fortune magazine recently isolated what they considered to be the 100 best companies in America to work for. Many of the companies on the list planned to hire during 2009. Those that planned to add the most employees included: Company Ernst &Young; Wegmans Food Markets Edward Jones New Jobs 2,800 2,000 1,040 SOURCE: "The 100 Best Companies to Work for 2009," Fortune a. What is the random variable involved in this study? b. Is the random variable discrete or continuous? Explain.

Explanation / Answer

a) The number of employees planned to be hired in 2009 by the given Companies is random variable involved in this study.

b) The random variable involved in this study takes countabaly finite number. Hence the random variable is discrete random random variable.

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