Discrete Variable
1. The first question asks: "A variable that can take on a countable, finite value." This describes a discrete random variable.
2. The formula for discrete random variables is that they take on countable values, often integers, and probabilities sum to 1.
3. A continuous random variable takes on any value in an interval, infinite and uncountable.
4. For question 1, the answer is A) Discrete random variable.
Final answer: A