Examlex
A higher standard deviation for an investment's cash inflows is associated with greater risk.
Outliers
Observations in a dataset that fall far outside the range of values of other observations, potentially skewing the results or analysis.
Central Tendency
A statistical measure that identifies a single value as representative of a data set, commonly the mean, median, or mode.
Statistic
A single measure, reported as a number, used to summarize a sample of data.
Central Tendency
A measure that identifies the center of a data set, or where the bulk of the values lie, including mean, median, and mode.
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