Examlex
Suppose the probability of producing a defective light bulb from a production line is the same over an interval of 90 minutes.Which of the following distributions would you use to determine the probability that a defective light bulb will be produced in a 15 minutes interval?
Wildcat Fund
An investment fund that takes higher risks in anticipation of higher rewards, often investing in unproven sectors or speculative ventures.
Information Ratio
A measure of portfolio returns beyond the returns of a benchmark, relative to the volatility of those excess returns.
Risk-Free Return
The theoretical return on an investment with no risk of financial loss, traditionally associated with government bonds or bills.
Information Ratio
A ratio used to measure the return of an investment relative to the risk taken, comparing the asset's returns beyond the benchmark to the volatility of those returns.
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