Examlex
For any normally distributed random variable with mean μ and standard deviation σ,the proportion of the observations that fall outside the interval [μ - σ,μ + σ] is closest to _____.
Profits
The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Oil Future Contract
A legal agreement to buy or sell a specific amount of crude oil at a predetermined price at a specified time in the future.
Spot Price
The existing cost at which an asset is available for immediate purchase or sale.
Profit/Loss
The financial result of business operations or investment activities, calculated as the difference between revenues and the costs associated with generating those revenues.
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