Examlex
For mutually exclusive projects, the IRR and NPV can give different rankings, but for independent conventional cash flow projects the rankings will be the same.
Standard Normal
Refers to a normal distribution with a mean of zero and a standard deviation of one, serving as a basis for comparing other normal distributions.
Standard Normal
A distribution that is standard and normal with its average at zero and its variability defined by a standard deviation of one.
Area
The measure of the extent of a two-dimensional surface or shape, or the extent of a land surface within specific boundaries.
Standard Normal
A special case of the normal distribution with a mean of zero and a standard deviation of one, used as a basis for comparison with other normal distributions.
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