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Evolutionary theory predicts that species are related, not independent. Four of the following examples provide support for this prediction, but one is irrelevant. Which one of these examples does not support the claim that species are related?
Variance
A measure of the dispersion or spread of a set of values, indicating how much the numbers in the set differ from the mean.
Diversifiable Risk
A risk that can be reduced or eliminated from a portfolio through diversification, not linked to the market's movements as a whole.
Company-Specific
Company-Specific refers to factors or risks that affect an individual company's performance, distinct from broader market or industry factors.
Unsystematic Risk
The risk associated with a specific company or industry, which can be mitigated through diversification.
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