Examlex
What is the difference between white-collar crime and street crime? Why is white-collar crime perceived by many as less threatening to society?
Skewness
A measure of the asymmetry of the probability distribution of a real-valued random variable about its mean.
Tail Risk
Risk of extreme events in the far tail of the probability distribution.
Worst-case Scenario
A situation where the most unfavorable conditions lead to the worst possible outcome for a project or investment.
Downside Exposure
The potential loss in value of an investment due to market declines, highlighting the risk in bearish scenarios.
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