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A country which was forced to reduce its industrial production by a more powerful competitor was
Expected Value
A calculation in statistics that quantifies the average outcome of a random event over a large number of occurrences.
Mean
The average value of a set of numbers, calculated by dividing the sum of all values by the number of values.
Risk Aversion
A preference for safer investments, avoiding risk even at the expense of lower potential returns.
Risky Securities
Financial instruments that carry a high level of risk, offering the potential for higher returns in exchange for greater likelihood of loss.
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