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A Random Variable May Be Discrete or Continuous, but Not

question 36

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A random variable may be discrete or continuous, but not both.


Definitions:

Administrative Expenses

Operating expenses such as general office expenses that are incurred indirectly in the selling of goods.

Advertising Expense

Costs incurred in promoting products, services, or the brand to attract customers and increase sales.

Delivery Expense

Delivery expense refers to costs incurred by a business to transport its goods to customers, including shipping, freight, and postal charges.

Other Expense

Costs not directly tied to the production of goods or services, such as office supplies or utilities.

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