Examlex
Suzy grabs four marbles from a bag containing three white marbles and six blue marbles. Find the probability that two of the marbles are white, and two are blue.
Probability
Probability is a branch of mathematics that measures the likelihood of a given event's occurrence, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Returns
The profit or loss derived from investing or saving, often expressed as a percentage of the original investment.
Risk Premium
The return in excess of the risk-free rate of return that an investment is expected to yield.
Risky Asset
An investment that carries a significant possibility of losing some or all of its value.
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