If a Set of Data Is Approximately Normally Distributed, We

question 184

Multiple Choice

If a set of data is approximately normally distributed, we would find that approximately

• A)2 of every 3 observations would fall between 1 standard deviation around the mean.
• B)4 of every 5 observations would fall between 1.28 standard deviations around the mean.
• C)19 of every 20 observations would fall between 2 standard deviations around the mean.
• D)All the above.

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Definitions:

Share Capital

The total amount of funds raised by a company through the issuance of shares to shareholders, representing ownership in the company.

Retained Earnings

The portion of a company's profit that is kept or retained within the company, not distributed to shareholders as dividends.

Market Value

The present cost at which a service or asset is available for purchase or sale in the market.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash, increasing the total number of shares owned by shareholders.