Classify the Following Random Variable According to Whether It Is

question 54

Multiple Choice

Classify the following random variable according to whether it is discrete or continuous. The number of phone calls to the attendance office of a high school on any given school day

• A)continuous
• B)discrete

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Definitions:

Growing Annuity

Cash operations expanding regularly across a set number of intervals.

Cash Flow Growth Rate

The speed at which a firm's cash flow grows within a defined timeframe.

Required Rate

The minimum return that investors expect to earn from an investment to compensate for its risk.