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Ms. Wang's study addresses the reasons that parents report for sending their children to dance lessons. She has defined her topic and reviewed the literature, and has stated her questions. The next step in Ms. Wang's study is to
Treynor Measure
A performance metric for determining how well an investment compensates the investor for taking risk, calculated as the excess return over the risk-free rate relative to the beta of the portfolio.
Beta
A means to evaluate the fluctuation, or inherent risk, of a security or portfolio against the aggregate market.
S&P 500 Index
A stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States, often used as a benchmark for the overall market.
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