Examlex
The four basic financial statements include the balance sheet,income statement,statement of retained earnings,and statement of cash flows.
Interpret
The process of explaining or providing the meaning of something, often applied to data analysis to derive conclusions or insights from data.
Variable
A variable is any characteristic, number, or quantity that can be measured or observed and can change across different situations or among individuals.
Assumption of Normality
The presumption that the data being analyzed is drawn from a normally distributed population, which is a common requirement for many statistical tests.
Distribution Shape
Describes the overall appearance of the data's frequency distribution, including characteristics like symmetry, skewness, and kurtosis.
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