Examlex
Which of the following is not a typical characteristic of a market system?
Standard Deviation
A measure of the dispersion or variation in a set of values, indicating how much they deviate on average from the mean.
Variance
A statistical measurement of the dispersion of a set of data points around their mean, indicating how spread out the data are.
Expected Value
A calculated average of all possible outcomes of a random variable, weighted by their probabilities.
Expected Value
A calculated average outcome of a random event, considering all possible outcomes and their probabilities.
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