For a Normal Curve, Three Standard Deviations from the Mean

question 29

Multiple Choice

For a normal curve, three standard deviations from the mean comprises what percentage of the observations?

• A) 48%
• B) 72%
• C) 95%
• D) 99%

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Definitions:

CCA Tax Shield

A deduction that Canadian businesses can claim for the depreciation of tangible property, reducing taxable income.

After-Tax Annual Lease Payment

The amount of lease payments due each year after accounting for the tax effects.

After-Tax Discount Rate

The discount rate after adjusting for taxes, used to evaluate investments and their future cash flows after tax implications.

After-Tax Lease Payment

After-tax lease payment refers to the lease expense remaining after deducting taxation benefits associated with the lease, illustrating the net cost of leasing to the lessee.