Continuous Random Variables Can Assume Infinitely Many Values Corresponding to Points

question 106

True/False

Continuous random variables can assume infinitely many values corresponding to points on a line interval.

---

Definitions:

Current Cost

Current cost refers to the cost of purchasing an asset or replacing a liability at current market rates, as opposed to historical purchase prices.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, used to assess the value of future cash flows in today's dollars.