Using the Notation C = Continuous and D = Discrete

question 51

Essay

Using the notation C = continuous and D = discrete, indicate whether each of the random variables are discrete or continuous.
a)The number of defective lights in your school's main hallway
b)The barometric pressure at midnight
c)The number of staples left in a stapler
d)The number of sentences in a short story
e)The average oven temperature during the cooking of a turkey
f)The number of lightning strikes during a thunderstorm

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Definitions:

ABC

Activity-Based Costing, a methodology that assigns overhead and indirect costs to related products and services based on their use of resources.

Traditional Product Costing

A costing method that assigns manufacturing overhead costs to products based on volume-related measures such as direct labor hours or machine hours.

Non-manufacturing Costs

Expenses that are not directly involved in the production of goods, including selling, general, and administrative expenses.

ABC Model

The Activity-Based Costing model, which allocates overhead costs to specific activities related to the production of goods or services for more accurate costing.