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Explain the three different limitation provisions that a partner must satisfy before a loss can be deducted.
Linear Relationship
A correlation between two variables where the change in one variable is proportional to the change in another.
Coefficient Of Skewness
A statistical measure that describes the asymmetry of the distribution of values in a data set around its mean.
Asymmetry
A situation where data or a distribution does not show symmetry and has one side that is different in shape or length from the other.
Coefficient Of Skewness
A measure quantifying the degree of asymmetry in the distribution of a dataset, indicating how much it deviates from a normal distribution.
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