Examlex
What is not a purpose of upward communication?
Utility Function
A mathematical representation in economics that defines the level of satisfaction or utility an individual receives from different bundles of goods and services.
Expected Return
The average of the probability distribution of possible returns for an investment, symbolizing its anticipated profitability.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values.
Mean-Variance Criterion
An investment principle where portfolios are selected based on their expected returns (mean) and the variability of those returns (variance), aiming to optimize the trade-off between risk and return.
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