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i. To employ ANOVA, the populations need not have equal standard deviations.
ii. To employ ANOVA, the populations being studied need not be normally distributed.
iii. A technique that is efficient when simultaneously comparing more than two population means is
Known as analysis of deviation.
Tax Shelter
An investment strategy or financial arrangement designed to reduce, defer, or eliminate tax liabilities.
Deferred Taxes
Tax liabilities or assets that arise due to differences between the financial accounting and tax treatment of transactions, recognized in corporate financial statements.
Investment Earnings
The return on investment, including income and capital gains.
Traditional IRA
A retirement savings account that allows individuals to make pre-tax contributions, with taxes on earnings deferred until withdrawals begin.
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