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Suppose a population of scores x is normally distributed with and
. Use the standard normal distribution to find
. Round your answer to four decimal places.
Stock Split
A decision by a company to increase the number of its outstanding shares by issuing more shares to current shareholders.
Common Stock
An equity ownership interest in a corporation, typically entitling the owner to vote on corporate governance matters and receive dividends.
Earnings Per Share
A company's profit divided by the number of outstanding shares of its common stock, indicating the company's profitability.
Outstanding
An adjective describing something that is still in progress, unsettled, not yet resolved, or in the case of financials, amounts owed that have not yet been paid.
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