Examlex
"Reducing data redundancy" is an important goal in data modeling.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean.
Theoretical Value
The estimated price of an asset or financial instrument based on mathematical models instead of market prices, often used in options pricing.
Binomial Option Price
A mathematical model that is used to calculate the theoretical price of options using a binomial tree of possible price movements.
Black Scholes Price
A theoretical price model for European-style options that estimates the option's price given certain fixed financial variables.
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