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What is the return on equity for a firm with 15% return on assets, 10% return on debt, and a .75 debt/equity ratio?
Discrete Random Variables
Variables in statistical analysis that can take on a countable number of distinct values, often representing occurrences.
Continuous Random Variables
Variables that can take on an infinite number of values within a given range.
Probability Density
A function that describes the relative likelihood for a random variable to take on a given value.
Probability Density Function
A mathematical expression that defines the probability of a continuous random variable assuming a specific value.
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