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A diversity awareness consultant submits a proposal to a company that wants to reduce stereotyping and prejudice. In the proposal, the consultant claims that his training program teaches employees to avoid the stereotyping process altogether when perceiving the world around them. "Our training will prevent the activation of stereotypes and other forms of categorical thinking," claims the consultant's proposal. Discuss the accuracy of this consultant's claim and explain what training programs can do regarding stereotyping.
Risky Bond Portfolio
A collection of bonds with higher default risk, which may offer higher yields in compensation for the increased risk of loss.
Standard Deviation
A statistical measure of the dispersion or variability of a set of values, representing how spread out the numbers are from the mean.
Correlation
A statistical measure that describes the extent to which two variables move in relation to each other, indicating the strength and direction of their relationship.
Optimal Risky Portfolio
An investment portfolio that aims to achieve the highest possible return for a given level of risk.
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