Examlex
Many commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as they approach a toll booth. This saves time, improves traffic flow, and means drivers don't need to keep exact change in their cars. It also offers New York authorities the opportunity to manage traffic flow by charging different toll amounts for different times of day, such as charging a higher toll for morning and afternoon rush hour periods. This pricing strategy is
Capital Allocation Line
A graph line that represents all possible combinations of risk-free and risky assets for an investor.
Mean Standard Deviation Graph
A graphical representation that shows the variability of a dataset around its mean value, often used in statistics.
Expected Return
Expected return is the weighted average of the probable returns of an investment, accounting for all possible scenarios.
Risky Asset
An asset that carries a significant chance of losing part or all of its investment value.
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