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Bioterrorism:
FDA Approval
The authorization granted by the Food and Drug Administration indicating that a drug, device, or food product meets its standards for safety and efficacy for human use.
Expected Return
The weighted average of all possible returns for an investment, with weights being the probabilities of each outcome.
Two-Asset Portfolio
An investment portfolio comprising two types of assets, often used to analyze and understand the risk-reward trade-off in finance.
PHStat
A software tool that works with Microsoft Excel to perform statistical analysis.
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