According to Chebysheff's Theorem,at Least 93

question 258

True/False

According to Chebysheff's Theorem,at least 93.75% of observations should fall within 4 standard deviations of the mean.

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Operating Assets

Assets used in the daily operations of a business to generate revenue, such as machinery, building, and equipment.

ROI

Return on Investment; a performance measure used to evaluate the efficiency of an investment or compare the efficiency of several investments.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate budgeting in variable cost situations.

Sales Commissions

Fees paid to sales employees as a reward for making sales, usually a percentage of the sales amount.