The probability distribution for the rate of return on an investment is
a.What is the probability that the rate of return will be at least 10%?
b.What is the expected rate of return?
c.What is the variance of the rate of return?
Definitions:
Conformity
Deep-seated, private and enduring change in behaviour and attitudes due to group pressure.
Correlates
Pertains to mutually related factors or variables that have a statistical relationship, indicating that when one changes, the other tends to change in a predictable manner.
Dominate
To exert control or influence over others, often establishing a position of superiority or authority.
Situational Nature
The aspect of behaviors or phenomena that is influenced by external environmental or contextual factors rather than by individual traits.
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