Job-Specific Skills Are

question 65

Multiple Choice

Job-specific skills are:

• A) Very useful when changing careers
• B) Skills directly related to a specific job
• C) Transferable from one job to the next
• D) All of the above

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Definitions:

Covariances

An indicator of the extent to which two variables fluctuate in tandem.

Risky Securities

Financial instruments carrying a higher potential for loss, often offering greater potential returns to compensate for the increased risk.

Portfolio Variance

A measure of the dispersion of returns of a portfolio, calculated as the weighted average of the covariance of each asset in the portfolio.

Coefficient of Correlation

A statistical measure that indicates the degree to which two variables move in relation to each other, ranging from -1 to 1.