Which of the following is not true for discrete random variables?
A) The expected value is the weighted average of the values.
B) They can assume only a countable number of values.
C) The probability of each value of the random variable must be 0.
D) The probability values always sum up to 1.
E) A binomial random variable is considered discrete.
C
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Indicate whether the statement is true or false
Depreciation expense is relevant to capital investment analysis because
A) it affects cash inflows. B) it is a period expense. C) it affects cash outflows for income taxes. D) none of these options.
The corporate built-in gains tax does not apply to a corporation that has always been taxed as an S corporation.
Answer the following statement true (T) or false (F)
Telemarketing is
a. an effective sales strategy b. annoying to many consumers c. frequently used to survey consumers d. all of the above