Examlex
List the three sections of the statement of cash flows and state what is included in each section.
Price Per Barrel
The cost or price unit for crude oil and other commodities, measured per barrel, a standard unit for volume in the oil industry.
Standard Error of Estimate
The standard error of the estimate is a measure of the accuracy of predictions made with a regression line, quantifying the dispersion of observed values around the predicted values.
API Gravity Degrees
A measure of how heavy or light a petroleum liquid is compared to water, used in the oil industry to characterize crude oil.
T-Table Values
Values found in a table that correspond to the T-Distribution, used for hypothesis testing in statistics, especially when the sample size is small and the population standard deviation is unknown.
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