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[Party Business, Inc

question 29

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[Party Business, Inc.] Lila, who is the president of Party Business, Inc., tells Isaiah that buying stock in Party Business, Inc. right now is a good idea. Isaiah is only casually acquainted with Lila and does not know that she is an officer of the corporation. He, however, acting on her information which he believes to be public knowledge, investigates the company somewhat and proceeds to buy some stock. Both Lila and Isaiah are charged with insider trading.
-After trial, the jury found the prosecution had met its burden of proof by a preponderance of the evidence. Did the jury apply the correct standard of proof?


Definitions:

ANOVA Table

A table used to summarize the results and components of variance from an Analysis of Variance statistical test.

Additive

A method or model where the effects are simply added together to predict the outcome.

Components

Basic elements or parts that make up a system or compound.

Standard Deviation

A measure of the dispersion or variability of a set of values, indicating how much from the average (mean) individual values typically differ.

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