Examlex
In most states, a corporation may, with shareholder approval, limit or eliminate the liability of directors for some breaches of the duties which they owe to the corporation.
Water Breaks
Brief pauses during activities intended for the intake of water to stay hydrated and maintain physical or mental performance.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, often denoted by alpha (α).
Normally Distributed
Describes a continuous variable whose probabilities are symmetrically distributed around the mean, forming a bell-shaped curve known as the normal distribution.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates.
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