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Q.The financial manager of a firm recently made a presentation. It showed that during the previous 16 quarters the company showed a profit 12 times

Q.The financial manager of a firm recently made a presentation. It showed that during the previous 16 quarters the company showed a profit 12 times and a loss 4 times. It is quite likely that the presentation would contain more information than whether the firm showed a profit or loss. Contemplate what that information might be.

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