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When the discount rate:
Normal Distribution
A bell-shaped probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence.
Mean
The average value of a set of numbers, calculated by dividing the sum of all values by the number of values.
Standard Normal Deviate
Another term for Z-score, highlighting its role in standard normal distribution.
Standard Deviation
Standard deviation is a measure used in statistics to quantify the amount of variation or dispersion of a set of values.
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