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In 2012, Pearl invests $80,000 for a 10% partnership interest in an activity in which she is a material participant.The partnership reports losses of $500,000 in 2012 and $450,000 in 2013.Pearl's share of the partnership's losses is $50,000 in 2012 and $45,000 in 2013.How much of the losses can Pearl deduct?
Population Proportions
The fraction or percentage of the population that possesses a particular property.
Sample Size
The number of observations or dataset elements selected from a population used in statistical analysis, crucial for determining the reliability of the study findings.
Two-Tail Test
A statistical hypothesis test in which the critical area of a distribution is two-sided and tests whether a sample is either greater than or less than a certain range of values.
Sample Proportions
The ratio of members within a sample that satisfy a given characteristic, often used to estimate the proportion of the characteristic in the entire population.
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