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Provide Support for Using the Product Rule in Generating a High

question 7

Essay

Provide support for using the product rule in generating a high confidence that an individual has a unique DNA profile using multiple STRs.


Definitions:

Arithmetic Average Return

The sum of all returns in a series divided by the number of returns, used to calculate the average performance of an investment over time.

Complete Portfolio

A combination of a risk-free asset and one or more risky assets, structured to meet the investor's risk-return objectives.

Risk-Free Asset

An asset which is assumed to have no risk of financial loss and typically refers to government bonds or bills.

Risky Portfolio

A risky portfolio comprises investments that have a higher degree of risk, aiming for potentially higher rewards but with an increased possibility of losses.

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