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Because of Its Stringent Assumptions,the T-Test Is Not Very Commonly

question 8

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Because of its stringent assumptions,the t-test is not very commonly used in criminal justice or criminological research.


Definitions:

Assumed Investment Rate

The projected rate of return assumed for a hypothetical investment over a specific period.

Annuity Cost

The initial investment or premium required to purchase an annuity, which in return provides periodic payments for a specified period or for life.

Pretax Return

The financial return on an investment before any taxes are deducted.

Taxable Investor

An individual or entity that is subject to taxes on investment income and capital gains, affecting investment choices and strategies to minimize tax liabilities.

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