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To Be Most Effective,the Planning Process Should Include Input from a Wide

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To be most effective,the planning process should include input from a wide range of sources both internal and external to the organization.


Definitions:

Portfolio Variance

A measure of the dispersion of returns of a portfolio, calculated as the weighted average of the covariance of each asset in the portfolio.

Coefficient of Correlation

A statistical measure that indicates the degree to which two variables move in relation to each other, ranging from -1 to 1.

Linear Relationship

A direct relationship between two variables where a change in one variable is directly proportional to a change in the other.

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