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Which of the following is/are trade or business expenses?
I.Mahlon incurs expenses related to investing in stocks and bonds. Mahlon is a Sociology professor at State University but spends 10-15 hours per week on his investments. Almost 2/3 of Mahlon's annual income comes from his investments as dividends and interest.
II.Shaheen has expenses related to managing her portfolio of securities. The short-term trading of her securities generates most of her annual income. She has no other job.
Confidence Interval
A span of quantities, obtained from evaluating sample statistics, envisaged to enfold the value of an unascertained population characteristic.
Margin of Error
The range of values below and above a sample statistic in a survey that estimates the reliability or precision of the sample statistic as an approximation of the population parameter.
Prediction Interval
A range of values that is likely to contain the value of an unknown parameter for future observations.
Margin of Error
Margin of Error is a statistic expressing the amount of random sampling error in a survey's results, indicating the potential variability in the results.
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