Mathematically, a Binary Variable X Can Be Represented as X

question 21

True/False

Mathematically, a binary variable x can be represented as x > 2 and integer.

---

Definitions:

Legal Contract

A binding agreement between two or more parties, enforceable by law, that specifies and regulates the rights and duties of the parties involved.

Bondholder

An investor or owner of bonds issued by corporations or governments, entitled to receive interest payments and the principal amount at maturity.

Semiannual Interest

Interest calculated and paid twice a year on investments or loans.

Bond Discount

The difference when the market value of a bond falls below its original principal amount or face value.