A Discrete Probability Distribution

question 49

Multiple Choice

A discrete probability distribution:

• A)is a listing of all possible values of the random variable.
• B)assigns a probability to each possible value of the random variable.
• C)can assume values between -1 and +1.
• D)is independent of the parameters of the distribution.

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Definitions:

Goodwill

Goodwill is an intangible asset that arises when a company acquires another business for a price higher than the fair value of its net tangible assets, representing aspects such as brand reputation and customer loyalty.

Times Interest

A financial ratio that measures a company's ability to meet its interest payments based on current earnings. Often referred to as the interest coverage ratio.

Stock Market

A public market for the trading of company stock and derivatives at agreed upon prices.

Economic Value Added

A measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit.