Examlex
The returns on the common stock of New Image Products are quite cyclical. In a boom economy, the stock is expected to return 32 percent in comparison to 14 percent in a normal economy and a negative 28 percent in a recessionary period. The probability of a recession is 25 percent while the probability of a boom is 10 percent. What is the standard deviation of the returns on this stock?
ABS Circuits
Electrical circuits within the Anti-lock Braking System that control the release and application of brakes to prevent wheel lockup.
Start-up Self Test
A diagnostic routine performed by electronic systems in vehicles and other devices upon start-up to ensure all components and functions are operating correctly.
4S/4M ABS
The 4S/4M ABS refers to a four-sensor, four-modulator configuration in an Anti-lock Braking System, improving safety by managing wheel slip during braking in heavy vehicles.
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