Latil a month 4.2 Types of finance random variables. Security analysts are profe

Question

Latil a month 4.2 Types of finance random variables. Security analysts are 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 Investments: Concepts, Analysis and Strategy 1 Which 4.4 are discrete and which are continuous random variables? a. The closing price of a particular stock on the New York NW Stock Exchange b. The number of shares of a particular stock that are trad ed each business day

Explanation / Answer

a)Closing price->Discrete->Because the prices are usually in ticks and one cannot sub divide the ticks

b)Number of Shares->Discrete->Shares cannot be subdivided.

c)Quarterly earnings->Earnings could be in points and even more minute->Continuous

d)Percentage Change->Continuous

e)Number of new products->Discrete

f)Time->Continuous

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