Question: Classify the random variables below according to whether they are discrete or continuous. a . The percentage change in earnings between last year and this

Classify the random variables below according to whether they are discrete or continuous.
a. The percentage change in earnings between last year and this year for a particular firmpercentagechangeinearningsbetweenlastyearandthisyearforaparticularfirm
b. The yearly earnings of a particular firmyearlyearningsofaparticularfirm
c. The quarterly earnings of a particular firmquarterlyearningsofaparticularfirm
d. The percentage change in liabilitiespercentagechangeinliabilities
e. The percentage increase in new consumerspercentageincreaseinnewconsumers
f. The number of shares of a particular stock that are traded each business daynumberofsharesofaparticularstockthataretradedeachbusinessday
Question content area bottom
Part 1
a. Is the
percentage change in earnings between last year and this year for a particular firmpercentagechangeinearningsbetweenlastyearandthisyearforaparticularfirm
discrete or continuous?
A.
discretediscrete,
because the variable can be countedcanbecounted
B.
continuouscontinuous,
because the variable can be measured on an intervalcanbemeasuredonaninterval
C.
continuous, because the variable can be counted
D.
discrete, because the variable can measured on an interval

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!