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Which of the Following Terms Refers to the Amount of Revenue

question 57

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Which of the following terms refers to the amount of revenue a firm receives for the sale of its products,minus its costs of production,as measured by its accountants?


Definitions:

Normal Distribution

This denotes a probability distribution with symmetry at the mean, proving that nearer-to-mean data points occur more regularly than those farther away.

Mean

The mean of a collection of numbers, found by dividing their total sum by the quantity of numbers in the set.

μ

The symbol commonly used to represent the mean or average of a population in statistics.

σ

Represents the standard deviation of a population in statistics, measuring the dispersion of dataset values from the mean.

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