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Patients Who Report Improvements After Taking Inert Medications When They

question 4

Essay

Patients who report improvements after taking inert medications when they thought they were actually useful drugs is an example of the placebo effect.


Definitions:

Eugene Fama

An American economist and Nobel laureate known for his work on the efficient-market hypothesis.

Risk-Adjusted Performance

A measure of how much risk is involved in producing a financial return, used to compare the performance of investment portfolios.

Comparison Universe

A benchmark or pool of investments used to evaluate the performance of a specific investment or portfolio.

Mutual Funds

Professionally managed investment initiatives that are bankrolled by stockholders and trade across assorted holdings.

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