Which Should Not Be Regarded as a Continuous Random Variable

question 41

Multiple Choice

Which should not be regarded as a continuous random variable?

• A)Tonnage carried by a randomly chosen oil tanker at sea
• B)Wind velocity at 7 o'clock this morning
• C)Number of personal fouls by the Miami Heat in a game
• D)Length of time to play a Wimbledon tennis match

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Definitions:

Borrowing Power

The maximum amount of money a person or entity can borrow based on their financial situation.

Discount Rate

Discount Rate is the interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows.

Weighted Average Cost

A calculation of the overall cost of goods that are sold, based on the proportionate cost of all items in inventory, factoring in both the cost and the quantity of each item.

Capital Budgeting Models

Techniques used to evaluate the financial attractiveness of investment projects, including Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period.