The Empirical Rule States That: Given a Distribution of Measurements

question 103

True/False

The Empirical Rule states that: Given a distribution of measurements that is approximately bell-shaped (mound-shaped), the interval contains approximately 68% of the measurements, the interval contains approximately 95% of the measurements, and the interval contains all or almost all of the measurements.

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Definitions:

Dividends

Financial rewards paid out to shareholders, mainly coming from the corporation's net income.

Significant Influence

A term referring to the power to participate in the financial and operating policy decisions of an entity but is not control or joint control over those policies.

Accounting Principle

Fundamental guidelines or rules that govern the financial accounting field, ensuring consistency, reliability, and comparability of financial statements.

Investment Account

An account held at a financial institution that contains securities, cash, and other assets that are invested for the purpose of earning a return.