The Expected Value of a Discrete Random Variable Must Be

question 128

True/False

The expected value of a discrete random variable must be one of the values in which the random
variable can result.

---

Definitions:

Amortization

The gradual reduction of a debt or the spreading out of capital expenses over the projected life of the asset, typically used for intangible assets.

Noncontrolling Interest

An ownership stake in a corporation where the holder does not have a controlling interest or majority of the voting rights.

Net Income

The total earnings or profit of a company after subtracting all expenses, including taxes and interest, from its total revenues.

Amortization

The process of gradually writing off the initial cost of an intangible asset over a period, reflecting the asset's consumption, expiry, or decline in value over time.