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Katie and Inez are roommates taking the same psychology class.They have a test in four days during a 10:00 - 11:00 AM class period.Both women intend to study for three hours,but because of different work schedules,Katie will study one hour for each of the next three days,while Inez will study three hours the day before the exam.What could you predict about their performances?
Standard Deviation
A statistical measure that indicates the extent of deviation for a group as a whole, showing how much variation or dispersion exists from the average.
Cyclical Stock
A stock whose price is affected by macroeconomic or systematic changes in the overall economy.
Countercyclical Stock
Stocks that tend to move inversely to the economic cycle; they perform well when the economy is in a downturn.
Portfolio Expected Return
The portfolio expected return is the weighted average of the expected returns of the assets within a portfolio.
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