A Normal Probability Distribution

question 83

Multiple Choice

A normal probability distribution

• A) can have mean of any numerical value.
• B) needs to have a mean of 0.
• C) has a standard deviation of 0.
• D) must have a standard deviation of 1 and a mean of 0.

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Definitions:

FIFO

"First In, First Out," a stock valuation approach where the earliest acquired or manufactured items are the first to be sold or utilized.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, assigning weights to each number.

Moving Average

A statistical method used to analyze data points by creating a series of averages of different subsets of the full data set, commonly used in financial markets to identify trends.