Which of the Following Is Not an Example of a Random

question 153

Multiple Choice

Which of the following is not an example of a random experiment?

• A)daily change of stock market index prices
• B)customer makes a purchase or not
• C)a survey to rate quality of service
• D)coin-toss,heads or tails

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Definitions:

Loans

Borrowed money that must be repaid, typically with interest, according to agreed terms and conditions.

Percentage

A proportion or share in relation to a whole, represented as a number out of 100.

Receivables Basis

An accounting method that recognizes revenue when related receivables are actually or constructively received.

Allowance Account

A contra account related to accounts receivable that represents the estimate of receivables that are likely to be uncollectible.