Predictions Based on a Statistical Scheme or Formula Are Referred

question 27

Multiple Choice

Predictions based on a statistical scheme or formula are referred to as

• A)statistical predictions.
• B)clinical predictions.
• C)actuarial predictions.
• D)anamnestic predictions.

---

Definitions:

Market Value

Market value is the current price at which an asset or service can be bought or sold in an open market.

Retained Earnings

The portion of net income left over for a business after it has paid out dividends to its shareholders, often reinvested into the business.

Cumulative Net Income

The total profit of a company after all expenses and taxes have been deducted, accumulated over a period of time.

Dividends Declared

Profits announced by a company's board of directors to be distributed among shareholders.