The Word "Uniform" in the Term "Uniform Random Numbers" Means

question 43

Multiple Choice

The word "uniform" in the term "uniform random numbers" means

• A)all the numbers have the same number of digits.
• B)if one number is,say,10 units above the mean,the next number will be 10 units below the mean.
• C)all the numbers are odd or all are even.
• D)each number has an equal probability of being drawn.

---

Definitions:

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which is typically not related to its market value.

Unamortized Premium

The portion of a bond premium that has not yet been amortized or recognized in the financial statements over time.

Par Value

The face value of a bond or stock, as specified by the issuing company, which is the minimum price at which the securities can be issued initially.

Retirement

The process of removing an asset from service after its useful life has ended, often involving its disposal or sale.