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COGNITIVE ASSESSMENT Which of the following best describes open source software?
Information Ratio
A measure of portfolio returns beyond the returns of a benchmark, typically used to assess the skill of a portfolio manager.
Residual Standard Deviation
A measure of the amount of variability or dispersion for individual data points in a regression model that cannot be explained by the predictive equation.
Beta
A rephrased measure indicating the relative risk or volatility of a security or portfolio in comparison to the broader market.
Sharpe Measure
A metric that evaluates the risk-adjusted return of an investment by comparing its excess return (over risk-free rate) to its standard deviation of returns.
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