Examlex
The Hawthorne effect refers to changes in the subject's behavior caused by the researcher's presence or by the subject's awareness of being studied.
Excess Returns
The return on an investment beyond the return expected from risk level, often used to assess performance.
Risk-free Asset
A theoretical financial instrument that promises a certain return with no risk of financial loss, often exemplified by government bonds.
Positively Skewed
Describes a distribution of data where the right tail (higher values) is longer than the left, indicating that a variable has more values that are significantly higher than the mean.
Underestimates Risk
The situation where the potential for loss in investments or strategies is not fully recognized or assessed.
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