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The Method of Estimating Standard Deviation Advocated by Kritzman (1991)for

question 28

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The method of estimating standard deviation advocated by Kritzman (1991)for use in the Black-Scholes model is based on historical time series.


Definitions:

Shivering

An involuntary body response causing rapid muscle contractions to generate warmth in response to cold.

Acetaminophen

A medication used to reduce fever and relieve pain; also known by the brand name Tylenol, it is widely used for its analgesic and antipyretic properties.

Administering

The process of giving or applying a substance or treatment, often referring to the provision of medication or therapies to patients.

Oral Temperature

A measurement of the body's internal temperature taken from the mouth.

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