In Roughly Normal Distributions,the Standard Deviation Is Approximately

question 47

Multiple Choice

In roughly normal distributions,the standard deviation is approximately

• A)equivalent to the variance.
• B)one-sixth of the range.
• C)equivalent to the deviation of the median from the mean.
• D)one-fifth of the absolute value of the mean.

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Definitions:

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equities) is represented as a proportion of the total account.

Comparative Income Statement

A financial statement that presents the revenues, expenses, and net income for multiple periods side by side for comparative purposes.

Sales

Transactions involving the exchange of goods or services for money or its equivalent.

Quick Ratio

A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets.