bmaggie

For a stock, which of the following is least likely a random variable? Its:

A) current ratio.

B) stock symbol.

C) most recent closing price.

bmaggie

For a stock, which of the following is least likely a random variable? Its:

A) current ratio.

B) stock symbol.

C) most recent closing price.

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A random variable must be a number. Sometimes there is an obvious method for assigning a number, such as when the random variable is a number itself, like a P/E ratio. A stock symbol of a randomly selected stock could have a number assigned to it like the number of letters in the symbol. The symbol itself cannot be a random variable.