Examlex
The tighter the probability distribution of its expected future returns, the greater the risk of a given investment as measured by its standard deviation.
Variability
The extent to which data points in a statistical distribution or dataset differ from the average or mean value.
Median
The middle value in a sorted, ascending or descending, list of numbers.
Mean
The average value of a set of numbers, calculated by dividing the sum of all the values by the count of the values.
Observations
Records or measurements of variables or phenomena of interest, collected during an experiment or study.
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