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In the 1960s,a group of psychologists argued that it was time for a "third force" in psychology.What were the first two forces that were perceived as inadequate? What alternate perspective would be taken by the "third force" in describing human personality?
Standard Deviation
A statistic that measures the dispersion or variability of a set of data values around the mean (average) of those values.
Expected Profit
The forecasted amount of profit that a business or investment is projected to earn over a specific period.
Japanese Yen
The official currency of Japan, often represented by the symbol ¥.
Risk Averse
A risk-averse individual prefers certainty over uncertainty and would opt for a guaranteed outcome over a gamble with potentially higher, yet uncertain, rewards.
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