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Dell Computers Invests Excess Cash Balances Overnight in a London

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Dell Computers invests excess cash balances overnight in a London bank to earn a higher interest rate than it could earn in a New York bank. Dell is most likely making a(n) ________.


Definitions:

Uniform Distribution

A probability distribution in which every outcome has an equal chance of happening.

Continuous Random Variable

A type of random variable that can take an infinite number of possible values within a given range.

Continuous Random Variable

A variable capable of assuming any value out of countless possibilities within a specific interval.

Continuous Random Variable

A type of random variable that can take an infinite number of possible values in a continuous range.

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