Examlex
When calculating interest expense on a 6-month note,multiply the principal by the interest rate,and then multiply by (6 ÷ 12).
Normal Distribution
This refers to a probability distribution where symmetry around the mean indicates higher frequency of data points near the mean than those far from it.
Average Annual Revenue
This refers to the amount of money a company earns in a year, on average, from its operations.
Standard Deviation
A metric indicating the extent to which data points diverge from the mean, showing the distribution's spread.
Average Annual Revenue
The mean income generated by a business, entity, or asset within one fiscal year.
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