Under what circumstances can the normal distribution be used in break-even analysis? What does it usually represent?

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Under what circumstances can the normal distribution be used in break-even analysis? What does it usually represent?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Quantitative Analysis for Management

ISBN: 978-0132149112

11th Edition

Authors: Barry render, Ralph m. stair, Michael e. Hanna

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