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In forming a confidence interval for μ1 − μ2, only two assumptions are required: independent samples and sample sizes of at least 30.
Cumulative Unrecognized Gains
Gains not yet recognized in financial statements, typically relating to investments or assets.
Pension Plan
A retirement plan that outlines the benefits that employees will receive upon retirement, which is funded by contributions from the employer, the employee, or both.
Corridor
In financial terms, a corridor can refer to the allowable range of values for financial instruments or within financial models to trigger certain actions or constraints.
Prepaid Pension Asset
An asset on the balance sheet that occurs when a company pays more into a pension plan than the current cost recognized for the benefits related to the period.
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