Examlex
What is the purpose of a performance appraisal system? Explain how a good system works and how management uses the information obtained through this system.
Expected Return
The weighted average of the probable returns of an investment, where the weights correspond to the probability of each outcome.
Standard Deviation
A metric that quantifies the spread of a dataset around its mean, determined by taking the square root of the variance.
Risky Asset
An asset that has a significant degree of price volatility or the potential for financial loss.
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