Examlex
What impact does the increasing amount of institutional investing have on securities markets today and what role do you think institutional investors will play in the future?
Probability
The chance of a particular outcome occurring, often quantified as a number between 0 (impossible) and 1 (certain).
Subway Waiting
The period of time passengers wait for a subway train to arrive at a station.
Normal Distribution
A probability distribution that is evenly balanced around the mean, indicating that values close to the mean occur more frequently than values that are distant from the mean.
Standard Deviation
An indicator of the spread or distribution of a group of numbers, showing the degree to which these numbers vary from the average.
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