Identify the following variables as either discrete or continuous: (a) The number of times heads comes up
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Identify the following variables as either discrete or continuous:
(a) The number of times heads comes up in 100 tosses of a coin
(b) The number of accidents occurring in a specified section of a freeway
(c) The weight of boxes shipped from an Amazon warehouse
(d) The concentration of carbon dioxide in the air of San Diego versus time
(e) Optimistic, most likely, and pessimistic estimates of salvage value
Salvage ValueSalvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset’s estimated salvage value is an important...
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