A _______________ for a Random Phenomenon Describes All the Possible

question 8

Multiple Choice

A _______________ for a random phenomenon describes all the possible outcomes and indicates how to assign probabilities to any collection of outcomes.

• A) standard deviation
• B) median
• C) probability model
• D) boxplot
• E) scatterplot

---

Definitions:

Accounts Payable

The amounts a company owes to its suppliers or creditors for goods or services received that are not yet paid for.

Cash Flow

The net amount of cash and cash-equivalents being transferred into and out of a business.

Marketable Securities

Financial instruments that can be easily converted into cash, such as stocks or bonds.

Operating Activities Section

A component of the cash flow statement showing cash inflows and outflows related to the primary business activities.