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B. F. Skinner rigged the cages of eight pigeons so that food was delivered every 15 seconds. Within a short time, most of the pigeons were practising some sort of consistent ritual, even though the ritual did not have the least effect on the delivery of the reinforcer. The birds were ________.
Capital Asset Pricing Model
A model that describes the relationship between systematic risk and expected return for assets, particularly stocks, suggesting that the expected return on an investment is related to its risk level.
Portfolio Variance
A measure of the dispersion of returns of a portfolio from its mean, indicating the level of investment risk.
Portfolio Beta
A measure of the sensitivity of a portfolio's returns to market returns, representing its relative market risk.
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