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A Random Variable Is a Function or Rule That Assigns

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A random variable is a function or rule that assigns a number to each outcome of an experiment.

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Definitions:

Equity Financing

Funding a company by selling ownership shares in the company, thereby diluting ownership but not incurring debt.

Funding Source

The origin of funds used for financing a project, acquisition, or investment, which can include debt, equity, or grants.

Flotation Costs

The costs that are incurred by a company when it issues new securities, including underwriting fees, legal fees, and registration fees.

Pure Play Approach

An investment strategy focusing on companies that specialize in a specific industry sector or product, minimizing diversification to capitalize on sector strengths.

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