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The Equal Employment Opportunity Commission imposed compensatory damages on Czar Microsystems Pvt.Ltd.for discriminating against an employee on the basis of their age.Czar defended itself by claiming to be unaware of any such law.This is a(n) ________ defense.
Tracking Error
A measure of the deviation from the performance of a benchmark by an investment portfolio.
Optimized Portfolio
A portfolio of investments that has been designed to achieve the best possible balance of risk and return, based on specific investor goals and constraints.
Posterior Distribution
Revised probability distribution for a variable after adjustment for empirical evidence on its likely value.
Prior Distribution
Probability distribution for a variable before adjusting for empirical evidence on its likely value.
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