Examlex
A number of problems with the life events approach have been identified. Which of the following is NOT one of them?
Expected Rate Of Return
The anticipated amount of profit or loss an investment generates, based on historical or estimated performances.
Standard Deviation
A measure of the amount of variability or dispersion of a set of values; used in finance to represent the volatility of an investment.
Probability
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
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