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A Company Is Reviewing the Database of Customer Purchases Over

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A company is reviewing the database of customer purchases over the past 3 years.Using descriptive statistics on this large data set, a business analyst found the following values. A company is reviewing the database of customer purchases over the past 3 years.Using descriptive statistics on this large data set, a business analyst found the following values.   From this we can conclude that, A) 95% of these purchases are between $105.24 and $74.88 B) The distribution of these purchases is negatively skewed C) More of these purchases had values less than $74.88 than above that amount D) The distribution of these purchases is positively skewed E) The distribution of these purchases is not skewed From this we can conclude that,

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Definitions:

Risk-Free Asset

An investment that is considered to have negligible risk of financial loss, typically government bonds of stable countries.

Capital Allocation Line

A line representing the risk-return trade-off of different portfolios, showing the highest expected return for a given level of risk.

Standard Deviation

A measure of the dispersion or variation in a set of values, indicating how much the values differ from the mean of the set.

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