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Exhibit 6.3
Use the Information Below for the Following Problem(S)
R?t = return for stock i during period t
Rmt = return for the aggregate market during period t
-Refer to Exhibit 6.3.What is the abnormal rate of return for Hemlick during period t using only the aggregate market return (ignore differential systematic risk) ?
Miller V.Johnson
A landmark Supreme Court case that dealt with race and redistricting, setting limits on the use of race in district drawing.
Redistricting
The process of drawing electoral district boundaries, often following a census, to ensure equal representation.
Sophomore Surge
The phenomenon where congressional members often receive a significant increase in votes when they run for their second term.
Sociological Representation
Representation based on representatives sharing the same demographic characteristics, experiences, or backgrounds as their constituents.
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