Examlex
Please define the following key terms. Show Who? What? Where? When? Why Important?
-Individualism
Investor
An individual or entity that allocates capital with the expectation of receiving financial returns.
Standard Deviation
Square root of the weighted average of the squares of the deviations of the payoffs associated with each outcome from their expected values.
Over-precision
A cognitive bias causing someone to be too confident in their own judgments and decisions.
Predict Outcomes
The process of forecasting the possible results of a particular situation or decision.
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