Students in a Basic Statistics Class Are Allowed to Take

question 89

Multiple Choice

Students in a basic statistics class are allowed to take as much time as needed on their final exam.The exact amount of time it takes each student to finish the final exam is an example of a _________.

• A)discrete random variable
• B)continuous random variable

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Definitions:

Reliability

The consistency and dependability of data or an instrument, often measured over time to ensure stability and accuracy in results.

Accounting Records

Accounting Records are documentation and books that comprise all the financial statements, ledgers, and other pertinent financial information about a business.

Days' Sales Uncollected

A financial ratio that measures the average number of days it takes for a company to collect payment after a sale has been made.

Accounts Receivable

Accounts receivable refers to the amount of money that customers owe to a company for goods or services that have been delivered but not yet paid for.