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The normal distribution has a greater percentage of its area close to the mean and much less in the tails.
-Find the indicated IQ score. The graph depicts IQ scores of adults, and those scores are normally distributed with a mean of 100 and a standard deviation of 15 (as on the Wechsler test) . The shaded area under the curve is 0.10.
Installment Sales Method
An accounting method that recognizes revenue when payments are actually received rather than at the point of sale.
Accrual Method
A bookkeeping approach that registers revenues and costs as they are accrued or realized, irrespective of the timing of the associated cash transactions.
Taxable Income
The amount of income that is subject to income tax after deductions and exemptions.
Corporate Income Tax Rate
The percentage of corporate profits that are paid to the government as income tax.
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