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The federal government is required to build a border fence along the U.S. and Mexican border. As construction began, several environmental groups brought suit because the Army Corps of Engineers and the Department of Homeland Security had not complied with federal law. Which of the following federal laws would the two agencies have to comply with before constructing the wall?
Correlation
A statistical measure indicating the degree to which two variables' movements are associated with each other, ranging from -1 (perfect negative correlation) to 1 (perfect positive correlation).
Time Diversification
An investment strategy that spreads exposure across different periods to reduce risk associated with market volatility.
Standard Deviation
Standard deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Uncertainty
The lack of certainty in the outcome of an event, often quantifiable and factored into models and decision-making processes in finance.
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