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The Probability Density Function of a Normal Distribution Is in General

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The probability density function of a normal distribution is in general characterized by being symmetric and bell-shaped.


Definitions:

Net Discounted Cash Flow

A financial metric that estimates the value of an investment or project by discounting future cash flows to their present value and subtracting initial costs.

Revenues

The sum total of profits from the sales of key products or services that constitute a corporation's main business.

Expenses

Outflows or the consumption of assets resulting from the operations of a business, leading to a decrease in equity.

Average Rate

A rate that represents the mean value of a set of rates, commonly used in the calculation of interest, speed, or other variables.

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