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Risk of Portfolios
So far, we have seen the application of standard deviation in the context of risk in single investment. But usually most investors hold portfolios of securities. Hence a very pertinent question that needs to be asked is, "What happens when two or more securities are combined in a portfolio?", the answer to which once again involves standard deviation.
Cartogram or Mapograph: Statistical maps are also used to represent data like density of population indifferent states in the country or different countries in the world or th
Definition of Central Tendency The central tendency of a variable means a typical value around which other values tend to concentrate which can be measured. Such concentration
Root Mean Square Deviation The standard deviation is also called the ROOT MEAN SQUARE DEVIATION. This is because it is the ROOT (Step 4) of the MEAN (Step 3) o
Significance of Correlation The study of correlation is of immense use in practical life. Correlation analysis contributes to the understanding of economic behavior, aids in lo
An approximation to the error of a Riemannian sum: where V g (a; b) is the total variation of g on [a, b] dened by the sup over all partitions on [a, b], including (a; b
Mathematical Properties The sum of deviations of the items from the arithmetic mean (taking signs into account) is always zero, i.e. = 0. The sum of
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Cindy, the Assistant Vice President of Engineering/Administrative Services at Blue Cross Blue Shield Rhode Island (BCBSRI), has seen all of the OSHA statistics: In 2000, 1
Question: A car was machine washes each car in 5 minutes exactly. It has been estimated that customers will arrive according to a Poisson distribution at an average of 8 per hour.
give a elementary example for characterstics of index number
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