Essentials of Corporate Finance
Essentials of Corporate Finance
8th Edition
ISBN: 9780078034756
Author: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 10.4, Problem 10.4BCQ
Summary Introduction

To determine: The probability of getting a value beyond one standard deviation below the average.

Introduction:

Normal distribution curve is a bell-shaped curve formed based on the frequency distribution of the observations The mean or average of the observations and their standard deviation define the normal distribution curve.

Standard deviation refers to the variation in the actual observations from the average.

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