Examlex
Budgeting involves (1) establishing specific goals for future operations, (2) executing plans to achieve the goals, and (3) periodically comparing actual results with the goals.
Deviation
The amount by which a single measurement differs from a fixed value such as the mean.
Kurtosis
A statistical measure that describes the shape of a distribution's tails in relation to a normal distribution.
Distribution
The way in which a set of values is spread or dispersed across a range, often visualized as a graph plotting the frequency of different outcomes.
Kurtosis
A statistical measure that describes the shape of a distribution's tails in comparison to a normal distribution.
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