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In 2012,Jasmin Loaned Her Friend Janelle $5,000 to Invest in Various

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In 2012,Jasmin loaned her friend Janelle $5,000 to invest in various stocks.Janelle signed a note to repay the principal with interest.In 2013,the stock market plunged and Janelle incurred large losses.In late 2013,Janelle declared personal bankruptcy and Jasmin was unable to collect any of her loan.Jasmin had no other gains or losses in 2012 or 2013.Her income from wages in both 2012 and 2013 was $50,000.The result is:


Definitions:

Held Constant

This term refers to keeping a variable unchanged throughout an experiment or analysis to isolate the effects of other variables.

Average Change

The mean amount by which a set of values increase or decrease.

Total Variation

Total variation quantifies the extent to which a function varies across its domain, often used in mathematical analysis and signal processing.

Dependent Variable

In an experiment, this is the variable anticipated to vary as a result of alterations made to the independent variable.

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