For example, for a fund with a mean annual return of 10% and a standard deviation of 2%, you would expect the return to be between 8% and 12% about 68%of the time, and between 6% and 14% about 95% of the time.
An act of a legislature that declares, proscribes, or commands something; a specific law, expressed in writing. A statute is a written law passed by a legislature on the state or federal level. Statutes set forth general propositions of law that courts apply to specific situations. A statute may forbid a certain act, direct a certain act, make a declaration, or set forth governmental mechanisms to aid society.
Research & Reports | Guide to Law Online | Legal Research Guides | Legal Reports | Guides to Our Collections. Statutes, also known as acts, are laws passed by a legislature. Federal statutes are laws enacted by Congress with (and in some circumstances without) the approval of the President. Federal statutes are published in three formats: (1) initially as individual slip laws, (2) in compilations of slip laws known as session laws, and (3) as codified law incorporated into a code.