Category: glossary , Asked by: L. G. From United Kingdom
A: "earned income credit " is A tax credit for low-income workers. Even workers whose incomes are too small to have paid taxes can get EIC. This credit varies with family size, income and the number of children. Visit CMC Markets
Category: glossary by Braiden L. From Canada
In the context of Point & Figure Charts, the box size is the minimum price change that must occur for a given period before a mark (an X or an O) is added to the chart. You can filter out smaller price movements by increasing the box size.
Category: glossary by A. Hyde from United States
the "multiple linear regression " is A statistical technique that uses several explanatory variables to predict the outcome of a response variable. The goal of multiple linear regression (MLR) is to model the relationship between the explanatory and response variables. The model for MLR, given n observations, is: yi = B0 + B1xi1 + B2xi2 +... + Bpxip + Ei where i = 1,2., n MLR takes a group of random variables and tries to find a mathematical relationship between them. The model creates a relationship in the form of a straight line (linear) that best approximates all the individual data points. MLR is often used to determine how many specific factors such as, the price of a commodity, interest rates, and particular industries or sectors, influence the price movement of an asset. For example, the current price of oil, lending rates, and the price movement of oil futures, can all have an effect on the price of an oil company's stock price. MLR could be used to model the impact that each of these variables have on stock's price.
Category: glossary by K. P. From Omaha, United States
a "profit-sharing plan " is A plan that gives employees a share in the profits of the company. Each employee receives a percentage of those profits based on the company's earnings. Also known as "deferred profit-sharing plan" or "DPSP". This is a great way to give employees a sense of ownership in the company. The company decides what portion of the profit will be shared. And there are typically restrictions as to when and how you can withdraw these funds without penalties.
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