Examlex
Which of the following tasks should be considered while implementing an enterprise resource planning (ERP) application?
Covariance
A measure of how two random variables change together, indicating the direction of their linear relationship.
Standard Deviation
A statistical measure of the dispersion or variability of a set of data points, indicating the degree to which individual data points differ from the mean.
Beta
An indicator of a stock's fluctuation in comparison to the general market, denoting its relative risk to the average market movement.
Diversification
A risk management strategy that involves spreading investments across various financial instruments, industries, or other categories to reduce exposure to any single asset or risk.
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