A(n)________ Describes All the Possible Values and Likelihoods That a Given

question 92

Multiple Choice

A(n) ________ describes all the possible values and likelihoods that a given variable can be within a specific range,and they can be in the form of a graph,table,or formula.

• A)continuous variable
• B)probability distribution
• C)observational unit
• D)discrete variable

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Definitions:

Total Compensation

The complete package of salary, benefits, bonuses, and any other financial rewards provided to an employee.

Contingent Liability

Contingent liability is a potential financial obligation that may arise in the future, dependent on the outcome of a specific event.

Financial Statements

Structured reports that convey the financial activities and condition of a business or individual, including balance sheets, income statements, and statements of cash flows.

Warranty Liability

An obligation companies assume when they provide a promise to repair, replace, or refund products that fail to perform as expected.