The Standard Deviation of a Probability Distribution Is a Measure

question 124

Multiple Choice

The standard deviation of a probability distribution is a measure of

• A)variability of the distribution.
• B)central location.
• C)the shape of the distribution.
• D)skewness of the distribution.

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Definitions:

Passive Loss Rules

U.S. tax regulations that restrict the amount of losses investors can claim from passive activities to the amount of income generated by those activities.

Gain(Loss)

The profit or shortfall realized from an investment when comparing the sale price to the original purchase price.

At-risk Amount

The maximum amount of money an investor in certain activities can claim as a deduction or loss, limited to the actual cash, property, or borrowed amounts for which they are personally at risk.

Income Items

Various types of earnings, from employment, investments, or other sources, that must be reported on a tax return.