Examlex
A client is burned through all the dermis with only a few epidermal appendages intact.This burn is classified as:
Multifactor Model
Model of security returns positing that returns respond to several systematic risk factors as well as firm-specific influences.
Explanatory Power
The ability of a statistical model to account for the variance in a given data set, explaining how well the model fits or predicts the outcomes.
Security Returns
The gains or losses from investing in a financial security, calculated based on the change in investment value and any income from the investment, like dividends.
Systematic Factors
Factors that affect the entire market or a large segment of the market, such as economic, political, or social changes.
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