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What Method of Measuring Performance Is Similar to the Mean/variance

question 54

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What method of measuring performance is similar to the mean/variance based Sharpe ratio?


Definitions:

Money

A medium of exchange in the form of coins and banknotes; used to facilitate the sale, purchase, or trade of goods and services.

Negative Reinforcement

A behavioral principle where the removal of an unfavorable outcome or stimulus increases the likelihood of a behavior being repeated in the future.

Removal

The act of taking away or eliminating something from a particular place or context.

Event

An event or incident, particularly one that is significant.

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