The correct answer is: D)
First, transform the actual value of this outcome (-1.2%) into its standardized z-score:
Zx= [(X - ux) ÷ σx] = [(-1.2 - 12.0) ÷ 8] = -1.65
Using the Normal Rule, candidates should realize that approximately 90% of the outcomes are expected to occur within 1.65 standard deviations of the mean. This would mean that 45% (half of 90%) of the observations must lie within the mean and -1.65 standard deviations away from the mean. If this is so, then 5% of all the observations must lie below -1.65 standard deviations away from the mean.
The correct answer is b): One of the most common types of nonqualified retirement plans is the deferred compensation plan. ...
The correct answer is b) Insider trading would include information that is material and non-public. Certainly, a poor earnings ...
The correct answer is c. Depreciation is added back to net income only when calculating for cash flow. In the case of shareholder's ...
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