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Laurie Michaels Just Bought a Smartphone After Spending Several Weeks

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Laurie Michaels just bought a smartphone after spending several weeks considering all the possibilities.She likes the new phone,but she still wonders if another brand at a slightly higher price would have been better.This is an example of


Definitions:

Standard Deviations

A statistical measure that quantifies the amount of variation or dispersion of a set of data values, often used in finance to measure the volatility of an asset's returns.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 means the stock is more volatile than the market, while less than 1 means less volatile.

Residual Standard Deviation

A statistical measure that quantifies the amount by which an observed variable differs from its estimated value.

Sharpe's Measure

A risk-adjusted performance metric that measures the excess return per unit of deviation in an investment asset or portfolio.

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