Examlex
Which of the following would be considered a security under the 1933 Act?
Random Variable
A variable that can take on numerical results from a random event.
Normally Distributed
Refers to a probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
Heating Oil
A low-viscosity, liquid petroleum product used as a fuel oil for furnaces or boilers in buildings for heating purposes.
Normally Distributed
A type of distribution where data points are symmetrically distributed, forming a bell-shaped curve, with most values clustering around the mean.
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