Examlex
Define an efficient portfolio and an efficient frontier.
Population Standard Deviation
An indicator of the extent of variability or spread within a complete set of data points in a population.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much the values deviate from the mean of the set.
Mean Purchase
The average value or amount of purchases made over a specific period of time.
Probability
The likelihood or chance of an event occurring.
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