Tax Information for Mutual Funds Is Reported as Part of the Year-End

question 1

True/False

Tax information for mutual funds is reported as part of the year-end statement and on an IRS Form 1099 DIV.

---

Definitions:

Sample Standard Deviation

A measure of the dispersion or variability of a set of sample data points around the sample mean.

Spec Limits

Short for "Specification Limits," which are the maximum and minimum values within which a product or process's performance measures must lie to meet customer requirements.

Sample Mean

The average value calculated from a subset of a larger population, used in statistics as an estimate of the population mean.

OC Curve

Operating Characteristic Curve, a graph that describes how well a statistical test or procedure performs in detecting a true condition.