The Computer on Which a Company Runs Its Accounting and Inventory

question 3

Short Answer

The computer on which a company runs its accounting and inventory management software is sometimes called a(n) _____.

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Definitions:

Continuous Random Variables

Variables capable of assuming countless values within a specified range.

Normal Probability Distribution

A continuous probability distribution characterized by a symmetrical bell-shaped curve, where the mean, median, and mode are all equal.

Standard Normal Distribution

A probability distribution that has a mean of zero and a standard deviation of one, also represented by the standard normal curve.

Z-score

A measure that describes a value's relationship to the mean of a group of values, represented in units of standard deviation.