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A Tipster Is a Person Who Learns of Nonpublic Information

question 3

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A tipster is a person who learns of nonpublic information from an insider.


Definitions:

Confidence interval

A set of values obtained from sample data which probably encompasses the value of an unspecified population parameter.

Average hourly income

The mean income earned by an individual per hour of work.

Standard deviation

A metric that calculates the degree of spread or variability within a data set.

Standard error

A measure of the statistical accuracy of an estimate, indicating the variability of sample means around the population mean.

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