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A multiple choice exam has 50 questions with five choices for each question.If an individual is simply guessing at each answer,what are the values for the mean and the standard deviation of the normal approximation to the binomial distribution for the number of correct answers??
Equity Method Investments
An accounting technique used to record investments in which the investor has significant influence over the investee but does not control it outright, typically through the ownership of 20% to 50% of the voting stock.
Cash Dividends
A financial distribution in the form of cash from a corporation to its investors as profits.
Dividend Revenue
Income received from owning shares in a company when the company decides to distribute some of its earnings to shareholders.
Unrealized Gain
The paper profit attributed to an investment that has increased in value but has not yet been sold by the investor.
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