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More than 9 in 10 New Yorkers,although stunned and grief-stricken by the 9/11 terrorist attack,did not have a dysfunctional stress reaction.This best illustrates
Expected Value
The weighted average of all possible values that a random variable can take on, with weights being the probabilities of each outcome.
Expected Value
The forecasted value of a variable, determined by adding together all potential values, each weighted by its likelihood of happening.
Risk Neutral
A situation or attitude where an individual or entity is indifferent to risk when making a decision.
Risk Lovers
Individuals or entities who prefer or are attracted to investments or situations with a higher level of uncertainty and potential for greater returns.
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