Examlex
Based on the empirical rule we can expect about 95 percent of the values in bell-shaped distribution to be within one standard deviation of the mean.
Opportunity Costs
The benefit that is missed or given up when choosing one alternative over another, emphasizing the potential trade-offs in decision-making.
Credit Period
The timespan during which a buyer can purchase goods or services on account, without incurring interest charges.
Account Size
Refers to the total value of an individual's or entity's investments held within a single account.
Normal Credit Period
A standard duration agreed upon in business transactions, during which a buyer can pay the seller for goods or services without penalty.
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