If a Particular Batch of Data Is Approximately Normally Distributed,we

question 179

Multiple Choice

If a particular batch of data is approximately normally distributed,we would find that approximately

• A) 19 of every 20 observations would fall between ± 2 standard deviations around the mean.
• B) 4 of every 5 observations would fall between ± 1.28 standard deviations around the mean.
• C) 2 of every 3 observations would fall between ± 1 standard deviation around the mean.
• D) All the above.

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Definitions:

Consolidated Financial Statements

Financial reports that aggregate the financial position, results of operations, and cash flows of a parent company and its subsidiaries as one entity.

Amortization

The gradual reduction of a debt over a period of time through regular payments or the systematic allocation of intangible asset costs over its useful life.

Common Stock

A type of equity ownership in a corporation, with voting rights and eligibility to receive dividends.

Building

A structure with a roof and walls, such as a house or factory, used for a variety of purposes.