Use the Laws of Logarithms to Simplify the Expression

question 97

Short Answer

Use the laws of logarithms to simplify the expression.
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Definitions:

Diversification

Diversification is an investment strategy that involves spreading investments across various assets to reduce risk and increase the potential for returns.

Positively Correlated

A relationship between two variables in which both variables move in the same direction.

Pooling

In economics, pooling is the amalgamation of resources or interests by several parties to maximize benefit or reduce risk.

Pooling

The act of grouping together resources, risks, or interests to achieve a common goal or reduce risk.