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The Records of CDE Provided the Following Information for the Period

question 51

Essay

The records of CDE provided the following information for the period ended December 31,2012:


Definitions:

Mean

The average value of a set of numbers, calculated by dividing the sum of all the numbers by the count of numbers.

Normally Distributed

A statistical distribution that is uniform around its mean, highlighting that data points near the mean are more prevalent than ones at a greater distance.

Standard Deviation

A metric that assesses the spread or diversity among a collection of figures, indicating the degree to which each figure differs from the mean value.

Mean

The arithmetic average of a set of numbers, calculated by dividing the sum of all values by the total number of values.

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