Examlex
The most popular financial futures in terms of average daily volume is the
Expected Value
A calculated average of all possible values for a random variable, weighted by their respective probabilities.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 (impossible) and 1 (certain).
Risk Averse
A description of an individual or entity's preference to avoid uncertainty, often choosing options with more predictable outcomes.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
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