The Expected Value of a Random Variable Is

question 52

Multiple Choice

The expected value of a random variable is

• A) the value of the random variable that should be observed on the next repeat of the experiment.
• B) the value of the random variable that occurs most frequently.
• C) the square root of the variance.
• D) None of these alternatives is correct.

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Definitions:

Capital Employed

The total amount of capital used for the acquisition of profits by a firm or project, including assets and working capital.

Debt

An obligation owed by one party to a second party; in financial terms, it typically refers to money borrowed by one party from another.

Capital Employed

Capital employed refers to the total amount of capital used for the acquisition of profits by a firm or project. It is typically the value of all assets employed in a business.

ROCE

Return on Capital Employed; a financial ratio that measures a company's profitability and the efficiency with which its capital is employed.