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Which of the following is an example of a negative externality?
Probability Distribution
A function in mathematics that determines the probability of each potential outcome in an experiment.
Expected Value
The anticipated value or outcome of a variable, computed as an average of all possible outcomes each weighted by its respective probability of occurrence.
Coefficient Of Variation
A statistical measure used to analyze the relative variability of data points in a dataset or the risk per unit of return; it is the ratio of the standard deviation to the mean.
Well-Diversified Portfolio
An investment portfolio consisting of a wide variety of assets to reduce exposure to risk through diversification.
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