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You believe that the possible returns on stock A will be either 25% or -15% over the coming year, depending on whether the economy does well or does poorly. Given some probabilities of the future state of the economy, you compute the standard deviation of the possible returns. To get the dispersion of the possible outcomes in the same units as the outcomes themselves (i.e., in %), you must then compute the variance.
Cluster Scheduling
The scheduling of similar appointments together at a certain time of the day or week.
Combination Scheduling
A method in operations management of integrating multiple tasks or operations schedules into a cohesive plan.
Time-specified Scheduling
A method of appointment scheduling in healthcare where each patient is allocated a specific time slot.
Prenatal Examination
A medical check-up for a pregnant woman to monitor the health of her and the fetus, typically including tests and scans.
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