Examlex
At the U.S. Open Tennis Championship a statistician keeps track of every serve that a player hits during the tournament. The statistician reported that the mean serve speed of a particular player was 103 miles per hour (mph) and the standard deviation of the serve speeds was 12 mph. Using the z-score approach for detecting outliers, which of the following serve speeds would represent outliers in the distribution of the player's serve speeds? Speeds: 61 mph, 115 mph, and 127 mph
Operating Profit Test
A financial metric used to assess a company's profitability from its core operations, excluding effects of financing and taxes.
Operating Segment
A component of an enterprise that engages in business activities from which it may earn revenues and incur expenses.
Separate Disclosures
Financial reporting requirement for specific information to be provided separately in financial statements to enhance clarity and understanding.
Profits
The financial gain obtained when the revenues generated from business activities exceed the expenses, taxes, and costs associated with sustaining the activity.
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