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What Does a Normative Statement Describe

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What does a normative statement describe?


Definitions:

PHStat

An Excel add-in designed to perform statistical analysis.

Index Fund

A mutual fund or ETF aimed at mirroring the performance of a particular market index.

Day Trader

An individual who buys and sells securities within the same trading day, often taking advantage of small price moves.

Investing

The act of allocating resources, usually money, with the expectation of generating an income or profit.

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