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When Using the Accounting Rate of Return,what Is the Rule

question 52

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When using the accounting rate of return,what is the rule for making the decision to make the investment?


Definitions:

P(X = x, Y = y)

The joint probability of two discrete random variables X and Y taking on specific values x and y, respectively.

Uniform Distribution

A type of probability distribution where all outcomes are equally likely to occur within a defined range.

Density Function

A mathematical function that describes the probability distribution of a continuous random variable, showing the likelihood of different outcomes.

Area

Refers to the extent of a two-dimensional surface within a boundary, measured in square units.

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