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The right to cut firewood from another's property would constitute a profit.
Covariance
A measure that demonstrates how two random variables move together, indicating the direction of their linear relationship.
Standard Deviation
A statistic that measures the dispersion or variability of a dataset relative to its mean, commonly used to quantify the risk associated with a security or investment portfolio.
Probability Distribution
A function providing a comprehensive list of values and corresponding probabilities for a random variable within a certain limit.
Expected Rate
The anticipated return on an investment, factoring in the probability of various outcomes.
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