The Weight of an Object,measured to the Nearest Gram,is an Example

question 72

Multiple Choice

The weight of an object,measured to the nearest gram,is an example of

• A)a continuous random variable
• B)a discrete random variable
• C)either a continuous or a discrete random variable,depending on the weight of the object
• D)either a continuous or a discrete random variable depending on the units of measurement

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Definitions:

Market Rate

The prevailing price or interest rate for goods, services, or securities in a particular market at a given time.

Interest Payments

Regular payments made to lenders as compensation for borrowing money, typically calculated as a percentage of the principal.

Par Value

A nominal value assigned to a share of stock as stated in the corporate charter, unrelated to its market value.

Unamortized Discount

The portion of a bond's discount that has not yet been amortized or expensed to interest expense over the bond's life.