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In a short essay,describe the process of editing in the data preparation process and discuss the four types of errors a researcher is attempting to minimize in this procedure.
Risk Aversion
A preference for lower risk investments, often reflecting an investor's reluctance to accept a high likelihood of losses.
Federal Tax Bracket
Federal tax brackets are ranges of income to which different tax rates apply, forming part of the U.S. progressive tax system.
After-tax Yield
The return on an investment after the effects of income taxes are taken into account, reflecting the actual gain to the investor.
Corporate Bond
A debt security issued by a corporation to raise funding, which promises to pay back with interest.
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