Which of the following variables is considered non-random or deterministic?
A)next year's cash flow projections
B)future interest rates
C)last year's income
D)projected value of the euro next week
E)projected NASDAQ index

Question

Quizplus · Accepted Answer

Last year's income is considered non-random or deterministic as it is a known and historical value. The other variables listed are future projections and subject to random variation or external factors that cannot be accurately predicted.

Which of the Following Variables Is Considered Non-Random or Deterministic