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It is constitutional for states to execute persons under the age of 18.
Standard Deviation
A statistical measure that quantifies the variation or spread of a set of numbers from its average, used to gauge volatility.
Risk-Free Asset
An investment that is expected to deliver its return with certainty, with government bonds often considered as the closest example.
Risky Portfolio
An investment portfolio that contains assets with higher volatility and potential for significant variations in returns, offering the possibility of higher gains at the risk of greater losses.
Expected Rate of Return
The average return that an investor anticipates to earn on an investment, considering all potential outcomes and their probabilities.
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