The "Middle Spread," That Is the Middle 50% of the Normal

question 79

True/False

The "middle spread," that is the middle 50% of the normal distribution, is equal to plus or minus one standard deviation.

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Definitions:

Transferor

The party who transfers a right, title, or interest in property to another party, known as the transferee.

Dishonored Check

A check that a bank has refused to cash or pay because there are insufficient funds in the account on which it was drawn, or because it is considered a fraudulent check.

Contractual Obligation

is a legal duty that arises out of a contract, requiring a party to fulfill the terms of the agreement.

Drawer

Drawer is the party in a bill of exchange, such as a check, who is making the payment, directing the drawee (usually a bank) to pay a specified sum to the payee.