Usually, a Corporation's Directors Do Not Have to Be Residents

question 5

True/False

Usually, a corporation's directors do not have to be residents of the state where the company is incorporated, unless such residency is required by the articles of incorporation.

---

Definitions:

Normally Distributed

A balanced distribution of probability about the mean, showing a higher occurrence rate for data near the mean compared to data far away.

Standard Normal Distribution

A probability distribution that has a mean of zero and a standard deviation of one, used in hypothesis testing and other statistical analyses.

Z Scores

Scores that are normalized to show the number of standard deviations a data point is away from the distribution's average.

Standardized Scores

Ratings adjusted to a unified scale featuring a mean of zero and a variance of one.