The Number of Customers That Enter a Store During One

question 81

Multiple Choice

The number of customers that enter a store during one day is an example of:

• A)a continuous random variable
• B)a discrete random variable
• C)either a continuous or a discrete random variable, depending on the number of the customers
• D)either a continuous or a discrete random variable, depending on the gender of the customers
• E)none of the above

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Definitions:

Asset Turnover Ratio

A financial metric that measures the efficiency of a company in using its assets to generate revenue, calculated by dividing total revenue by average assets.

Total Assets

The sum of all current and non-current assets owned by an entity, reflecting its overall value and financial strength.

Net Profit/Pretax Profit

The income a company has left after paying all expenses but before taxes; an indicator of overall profitability.

Leverage Ratio

A financial ratio indicating the level of debt used by a business to finance its assets, often used to assess financial risk.