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When Jen started her new job at the library, she started dressing more conservatively and also started wearing her glasses to work instead of using her contact lenses. Her friends say that she has become quieter and more serious since starting the job. Which of the following has likely influenced the change in Jen's behaviour and appearance?
Probability Distribution
A mathematical function that provides the probabilities of occurrence of different possible outcomes in an experiment.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much the values deviate from the mean.
Capital Budgeting
The procedure a company follows to assess possible significant projects or investments.
NPV
Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment or project by discounting all expected future cash flows to their present value using a specific discount rate.
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