Data values that have z-scores above +1.0 or below -1.0 are categorized as outliers

Indicate whether the statement is true or false

FALSE

Business

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Common-size financial statements present all balance sheet account values as a percentage of:

A. The forecasted budget B. Sales C. Total equity D. Total assets E. Last year's account value

Business

Cycles and random variations are both components of time series

Indicate whether the statement is true or false

Business