Empirical Distributions Are

question 31

Multiple Choice

Empirical distributions are

• A) theoretical.
• B) based on the mathematical probability of the frequencies of scores in a population.
• C) based on actual frequencies of scores.
• D) drawn with smooth lines without dots.

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Definitions:

Expenses

Amounts used to generate revenue; assets used up or services consumed in the process of generating revenues.

Net Discounted Cash Flow

The value of all future cash flows of a project or investment after being discounted to the present value, reflecting both time and risk.

Cash Flowing

The movement of money in and out of a business, representing its operational liquidity.

Expenses

Costs incurred during the operation of a business that are necessary for generating revenue, such as rent, salaries, utilities, and materials.