Examlex
Which of the following best describes an option contract in principle?
Standard Deviation
A measure of the amount of variation or dispersion in a set of values, indicating how spread out the values are from the mean.
Normal Model
A statistical model based on the normal (Gaussian) distribution, depicting how data points vary or are distributed around the mean.
Standard Deviation
An index reflecting how significantly a series of statistics diverges or spreads.
Packaging Machine
Equipment used in the final stages of production to encase or protect products for storage, sale, or shipment.
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