Examlex
In developing a simple linear regression model it is assumed that the distribution of error terms will be normally distributed for all levels of x.
Survivorship Bias
The error of focusing only on the entities that have survived some process and overlooking those that have failed.
Mutual Funds
Shareholder-funded investment platforms which engage in trading within diversified portfolios under professional management.
Lock-up Restrictions
Contractual limitations on the sale of securities, typically imposed on company insiders following an initial public offering.
Less Liquid
A term describing an asset that cannot be quickly sold or converted into cash without significant loss of value.
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