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Professors Maksoud, Struthers, and Vasic each tend to think that obtaining a university degree is easier today than it was when they were students. After discussing the matter over coffee, they are even more convinced that obtaining a degree is easier today. This episode provides an example of
Standard Deviation
A measure of the dispersion or variability around the mean of a set of data points, often used to quantify risk in finance.
Defined Contribution Plan
A retirement plan where the amount of the retirement benefits is determined by the contributions to the plan and the performance of the investments.
Risk-free Return
The theoretical return on an investment with zero risk, often represented by the yield on government bonds.
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