The Scientific Method Was First Formalized By

question 117

Multiple Choice

The scientific method was first formalized by:

• A)Newton.
• B)Galileo.
• C)Bacon.
• D)Descartes.

---

Definitions:

Probability Distributions

Probability distributions describe the likelihood of different outcomes in a stochastic process or experiment.

NPV

NPV, or Net Present Value, is a financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time, used in capital budgeting to gauge the profitability of an investment.

Discount Rates

The rate of interest applied in discounted cash flow (DCF) analysis to calculate the current value of future cash flows.

NPV

NPV - Net Present Value, a financial metric used to evaluate the profitability of an investment or project, calculating the difference between the present value of cash inflows and outflows.