In the late 1960s, Ed Altman developed a model to predict if a company was at severe
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In the late 1960s, Ed Altman developed a model to predict if a company was at severe risk of going bankrupt. He called his statistic Altman’s Z-score, now a widely used score in finance. Based on the name of the statistic, which statistical distribution would you guess this came from?
a. Normal distribution
b. Poisson distribution
c. Standardized normal distribution
d. Uniform distribution
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