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The variance of returns is computed by dividing the sum of the:
Characteristics
Defining traits or features that distinguish individuals, groups, or things.
Elderly
The Elderly refers to individuals of a significantly advanced age, typically those who are past retirement age, highlighting concerns related to healthcare, social security, and the aging process.
Population
The total number of individuals inhabiting a particular territory or geographic area, often analyzed in terms of density, distribution, and composition.
Percentage
A proportion or share in relation to a whole, represented as a fraction of 100.
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