Random Variable.

A random variable is a variable whose value is not known in advance but is determined by some random process. Random variables can be either discrete or continuous. Discrete random variables take on a finite or countable number of values, while continuous random variables take on any value within a certain range. What is variables … Read more

Production Credit Association (PCA).

A Production Credit Association (PCA) is a financial institution that extends credit to farmers and ranchers. The PCA is a cooperative, owned by its members, and governed by a board of directors elected by the membership. The PCA makes loans for the purchase of livestock, feed, seed, fertilizer, fuel, and other production and operating expenses. … Read more