A Function or Rule That Assigns a Numerical Value to Each

question 57

Multiple Choice

A function or rule that assigns a numerical value to each simple event of an experiment is called:

• A)a sample space.
• B)a probability distribution.
• C)a random variable.
• D)None of these choices.

Understand the taxation and profit distribution in different business forms.

Understand the concept of relevant and irrelevant costs in decision-making.

Distinguish between avoidable and sunk costs.

Identify the role of variable and fixed costs in various decisions.

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Definitions:

Static Addressing

Assigning a fixed IP address to a computer within a network, as opposed to dynamically assigning an IP address via DHCP.

Dynamic Addressing

A method in network computing where IP addresses are assigned to devices temporarily from a pool of available addresses, often through DHCP.

Domain Name

A part of a Uniform Resource Locator (URL). Domain names consist of two parts: the site’s host and a suffix that indicates the type of organization (e.g., popsci.com, where popsci is the domain name and com is the suffix).

DNS Server

A server that translates domain names into IP addresses, enabling users to access websites using human-friendly URLs rather than numerical IP addresses.