Which of the Following Is Not a Characteristic of the Normal

question 149

Multiple Choice

Which of the following is not a characteristic of the normal probability distribution?

• A)symmetry
• B)The total area under the curve is always equal to 1.
• C)99.72% of the time the random variable assumes a value within plus or minus 1 standard deviation of its mean
• D)The mean is equal to the median, which is also equal to the mode.

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Definitions:

Inventory Turnover

A figure representing the frequency at which a business's stock is both sold and refilled over an assigned period, showing the adeptness of inventory administration.

Accounts Receivable Turnover

A financial metric that measures how efficiently a company collects payments from its customers by dividing total sales by average accounts receivable.

Total Asset Turnover

A ratio that evaluates the effectiveness of a firm's utilization of its assets to produce sales income.

Equity Multiplier

A financial leverage ratio that measures the portion of a company's assets that are financed by its shareholders' equity.