THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 159

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A set of data is mounded,with a mean of 500 and a variance of 576.
-Approximately what proportion of the observations is between 428 and 572?

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Definitions:

Accelerated Depreciation

A method of depreciation in which an asset loses value faster in the initial years of its useful life, with decreased amounts in later years.

Net Present Value

A method of evaluating investments by calculating the present value of future cash flows minus the initial investment cost, used to assess the profitability of an investment.

Cash Inflows

Money received by a business from its operational, investment, and financing activities.

Internal Rate

Often related to the internal rate of return (IRR), it's a metric used in financial analysis to estimate the profitability of potential investments.