Examlex
Match each phrase that follows with the term (a-f) it describes.
-A measure of the average annual income as a percent of the average investment
A)Capital rationing
B)Annuity
C)Capital investment analysis
D)Internal rate of return method
E)Payback period
F)Accounting rate of return
Continuous Random Variables
Continuous random variables are quantities that can assume an infinite number of values within a given range, often representing measurements that can vary continuously.
Continuous Random Variables
Variables that can take any value within a given interval, including every possible value between any two values.
Discrete Random Variables
Variables that represent counts or numbers that can be listed and have a countable range of possible values.
Uniform Distribution
A probability distribution in which every outcome has an equal chance of happening.
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