Examlex
At Kohlberg's Stage __________,individuals can imagine alternatives to their own social order,and they emphasize fair procedures for interpreting and changing the law.
Investment
The allocation of resources, such as capital, time, or effort, in hope of generating a gain or profit in the future.
Fat Tails
Refers to the occurrences of extreme movements in stock prices or higher than normal risks in investments, which lead to heavy tails in a probability distribution.
Kurtosis
Measure of the fatness of the tails of a probability distribution. Indicates probability of observing extreme high or low values.
Skewness
A measure of the asymmetry of the probability distribution of a real-valued random variable about its mean.
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