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When the Scores for a Recent Chemistry Exam Were Calculated,the

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When the scores for a recent Chemistry exam were calculated,the mean was 60 and the median was 65.Later the professor discovered that one score had been recorded incorrectly; it had been entered into the computer as a 5,instead of as a 50.When this correction is made,


Definitions:

Sharpe Ratio

A metric used to evaluate the risk-adjusted return of an investment portfolio, indicating how much excess return you receive for the extra volatility of holding a riskier asset.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the average.

Standard Deviation

A statistical measure of the dispersion or spread in a set of data, indicating how much variation exists from the average.

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