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Anna oversees the content management system for her company.She has to write a set of instructions for new employees,explaining how to add and edit content on the system.She begins by creating an outline of the major points to be included.Which of the following will be the most convenient way to structure this explanation?
Correlation Coefficient
The correlation coefficient is a statistical measure that calculates the strength and direction of a linear relationship between two variables on a scale of -1 to 1.
Covariance
Covariance is a measure used in statistics to determine how two variables move in relation to each other, often used in portfolio theory to assess risk.
Reward-to-Variability Ratio
A measure of the return on an investment relative to its risk, higher values indicate better risk-adjusted returns.
Standard Deviation
A statistical measure that quantifies the variability or dispersion of a set of data points or the volatility of an investment's returns.
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