A sequence of numbers uniformly distributed over a defined interval or range, for which it is not possible to predict their future values based on their past or current values, is commonly referred to as ______.
a. a normal distribution
b. random numbers
c. discrete distribution
d. integers
b. random numbers
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A $200,000 bond issue with a carrying value of $194,000 is called at 101 and retired. The entry to record the retirement of bonds would be:
a. Bonds Payable 200,000 Gain on Retirement of Bonds 6,000 Cash 194,000 b. Bonds Payable 200,000 Cash 200,000 c. Bonds Payable 200,000 Loss on Retirement of Bonds 8,000 Unamortized Bond Discount 6,000 Cash 202,000 d. Bonds Payable 194,000 Loss on Retirement of Bonds 8,000 Cash 202,000
Assess your customers' needs and __________________
a. limitations b. credit c. desires d. objectives
Pam borrows $5,000 from Quality Auto Sales to buy a car. When Pam does not pay the loan or return the car, Quality wants to transfers the right to the payment to Rapid Collection Agency. Rapid agrees to pay Quality for this right, but for a price that is less than the amount owed. Can Quality transfer this right to Rapid without Pam's consent? If so, and Quality committed fraud in the deal with Pam, could Pam legitimately refuse to pay Rapid? Explain.
What will be an ideal response?
A taking can occur through government-imposed use restrictions
Indicate whether the statement is true or false