Examlex
Refer to Real World box on page 502 for survey referenced. The method of investment appraisal found in surveys to be used by 94% of Australian companies is:
Normal Distribution
A symmetrical bell-shaped distribution of data in which most of the values cluster around the mean.
Uniform Probability Distribution
A distribution in which all outcomes are equally likely to occur within a certain range.
Expected Value
The long-run average value of repetitions of the same experiment or random trial.
Triangular Distribution
A probability distribution with a shape formed by a triangle, which is specified by a minimum, a maximum, and a mode value.
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