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Which of the Following States Does Not Have a Higher

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Which of the following states does not have a higher incarceration rate than Texas?


Definitions:

Down-Market Betas

Measures of how securities or portfolios perform relative to a benchmark during market downturns, reflecting their sensitivity to negative market movements.

Up-Market Betas

Measures of an asset's sensitivity to market movements, particularly during periods of rising market prices.

Geometric Average Return

The average rate of return on an investment per year, compounded annually, over a specified time period.

Arithmetic Return

The simple average of a series of returns generated over a period of time.

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