Examlex
Duration increases with the maturity of a fixed-income asset at a decreasing rate.
Area
In statistics, often refers to the region under the curve of a probability distribution representing the probability of a range of outcomes.
Variance
An indication of how data points diverge from their average, showing the extent of their spread.
Normally Distributed
Describes a distribution that follows a bell curve, where data is symmetrically distributed with most values clustering around a central point.
Normally Distributed
Describes a statistical distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence.
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