The Basics Guide

Tag: Standard Deviation

  • Expected Value

    Expected Value

    Expected value, a cornerstone of statistics and probability, indicates the average outcome of repeated events. Despite its ubiquity in fields such as economics and decision-making, it doesn’t predict individual outcomes and can be skewed by outliers. Its broad applications necessitate considering ethical implications due to potential unequal impacts.

  • Efficient Frontier

    Efficient Frontier

    The Efficient Frontier is a concept from Modern Portfolio Theory representing a set of optimal investment portfolios that offer the highest possible expected return for a given level of risk. It’s a valuable tool for balancing risk and return in investment strategy.