A Variable That Can Take on Values at Any Point

question 11

True/False

A variable that can take on values at any point over a given interval is called a discrete random variable

---

Definitions:

Pretax Rate of Return

The rate of return on an investment before taxes have been considered or deducted.

After-Tax Return

The net profit or loss of an investment after all taxes have been deducted.

Tax Bracket

A range of incomes taxed at a given rate by the government to implement a progressive tax system, where the rate increases as the taxable amount increases.

Dividend Yield

A ratio that compares the amount a company pays annually in dividends to the price of its shares.