1. Which of the following represents the distance between the minimum and maximum values for a given distribution?
1. Range
2. Standard deviation
3. Sample variance
4. Skewness
2. What is the mean of the following sample of daily net cash flows?
$50,000, 75,000, and 15,000
1. $140,000
2. $46,667
3. $50,000
4. $60,000