Examlex
Choose the item that best matches each item of the following:
-People from different cultures
Firm-specific Risk
The type of risk that affects a particular company or industry, as opposed to systemic risk, which affects the entire market.
Correlation Coefficient
A statistical measure that describes the extent to which two variables fluctuate together, ranging from -1 (perfect negative correlation) to +1 (perfect positive correlation).
Covariance
A measure of the degree to which two variables move in relation to each other, indicating the direction of their relationship.
Expected Return
The anticipated return on an investment, averaging in the probability of different outcomes.
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