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A professor came to class dressed in a formal shirt and tie. He stated that he would like to explain the concept of self. He took off his tie and shirt. Underneath he had on a t-shirt with a picture of a handsome tennis player on the front. Then the professor turned around to show a picture of a cartoon clown on the back. "All of these are who I am," he said. What point was the professor trying to make, and what did the different dress and icons most likely represent?
Beta
A measure of a security's volatility in relation to the overall market, indicating the security's risk compared to the market average.
Sensitive
Quick to detect or respond to slight changes, signals, or influences.
Standard Deviation
A statistic that measures the dispersion or variability of a dataset relative to its mean, often used in finance to represent the volatility of an investment.
Correlation
A numeric value showing how much two or more variables change in connection with one another.
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