A Numerical Variable Whose Value Depends on the Outcome of a Chance

question 87

Multiple Choice

A numerical variable whose value depends on the outcome of a chance experiment is called

• A)an outcome.
• B)a trial.
• C)a simulation.
• D)a random variable.
• E)a probability distribution.

---

Definitions:

Office Equipment

Assets such as computers, desks, chairs, and printers used in an office setting to facilitate operations.

Legal Services

Professional services provided by lawyers or legal practitioners to advise and represent clients in legal matters.

Advertising Expense

The cost incurred by a business to promote its products, services, or brand, including media buys, promotional materials, and marketing campaigns.

Owner's Equity

The owner's rights to the assets of a business, minus the liabilities owed to outsiders.