Examlex
A dog is trained to associate his master's car with the arrival of his master and gets excited when this happens. At the same time, the mail carrier has started to come to the house just seconds before his master comes home. If the dog gets excited when the mail truck arrives it is called _____________.
Probability Distribution
A function in statistics that enumerates all conceivable values and their associated probabilities for a random variable within a predetermined range.
Variance
A measure of the dispersion or spread of a set of values, indicating how much the numbers in the set differ from the mean.
Diversifiable Risk
A risk that can be reduced or eliminated from a portfolio through diversification, not linked to the market's movements as a whole.
Company-Specific
Company-Specific refers to factors or risks that affect an individual company's performance, distinct from broader market or industry factors.
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