Examlex
For each of the following, identify in column 1 the category to which the account belongs, in column 2 the normal balance for the account, in column 3 the financial statement that the account in which the account balance is reported, and in column 4 the account's nature (permanent/temporary).
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Mean
The average of a set of numbers, calculated by dividing the sum of the values by their count.
Standard Deviation
A gauge that evaluates the breadth of fluctuation or spread of dataset values in relation to the central value.
Normally Distributed
This probability distribution is distinguished by its symmetric nature around the mean, showcasing higher frequencies of data points near the mean than those at greater distances.
Mean
The arithmetic average of a set of values or observations, calculated by summing all numbers and then dividing by the count of the numbers.
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