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professionals who devote full-time efforts to evaluating the investment worth of

ID: 3047055 • Letter: P

Question



professionals who devote full-time efforts to evaluating the investment worth of a narrow list of stocks. The following variables are of interest to security analysts. Which are dis. crete and which are continuous random variables? a. The closing price of a particular stock on the New York 4.2 Types of finance random variables. Security analysts a Stock Exchange traded each business day and this year for a particular firm firm b. The number of shares of a particular stock that are c. The quarterly earnings of a particular firm d. The percentage change in earnings between last year e. The number of new products introduced per year bya

Explanation / Answer

a) the closing price is a dicrete random variable

b) number of shares is a disxrdis random variable

c) the quarterly earnings are contious random variable

d) the percentage earnings is also a discrete random variable

e) number of new products is a discrete random variable.

f) time taken is a continuous random variable.