Examlex
Given that X is a discrete random variable,then the laws of expected value and variance can be applied to show that E(X + 5)= E(X)+ 5,and V(X + 5)= V(X)+ 25.
Implied Warranty
A warranty that is imposed by law rather than by statements, descriptions, or samples given by the seller.
C.P.A.
Stands for Certified Public Accountant, a designation given to someone who has passed the Uniform CPA Examination and met additional state education and experience requirements.
Tax Liability
The total amount of tax owed by an individual, corporation, or other entity to a taxing authority.
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