Why might normally distributed returns appear non-normal?
What will be an ideal response?
The variance may change even though the distribution is still normal. A histogram may appear non-normal when it is a mixture of normals.
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A retailer cooperative is a retail firm that is owned by its customers
Indicate whether the statement is true or false
On a statement of cash flows prepared using the direct method, a schedule must be provided that reconciles net income to net cash flows from operating activities
Indicate whether the statement is true or false
Which one of Lewin’s basic change model stages is the most difficult and stressful part of the change process?
A. transforming B. refreezing C. reconstructing D. unfreezing
An effective opening for a bad-news message
a. notes the date of the message being answered. b. expresses gratitude for the time the receiver took to write. c. provides an immediate answer to the receiver's request. d. makes a neutral comment related to the main idea.