A Density Curve Is A

question 10

Multiple Choice

A density curve is a:

• A) mathematical device that adjusts (equalizes) probability across the range of data.
• B) smooth curve that visually displays the distribution of probability for a continuous random variable.
• C) visual display that shows the gradual transition of probability that is adjusted to equalize a data set.
• D) tool of descriptive statistics that displays only the region of a data set that has a high concentration of readings.

---

Definitions:

Direct Method

A way of presenting a cash flow statement where actual cash flows from operating activities are disclosed directly.

IFRS

International Financial Reporting Standards, a set of accounting rules and standards that dictate how financial statements should be reported and are recognized globally.

GAAP

Stands for Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.

Operating Cash Flows

The cash generated from the core business activities of a company in a given period, as opposed to cash flows from investing or financing activities.