 Financial Terms Input-output tables

# Definition of Input-output tables ## Input-output tables

tables that indicate how much each industry requires of the production of each other
industry in order to produce each dollar of its own output.

# Related Terms:

## Mortality tables

tables of probability that individuals of various ages will die within one year.

## input-output coefficient

a number (prefaced as a multiplier
to an unknown variable) that indicates the rate at which each
decision variable uses up (or depletes) the scarce resource

## Full-Employment Output

The level of output produced by the economy when operating at the natural rate of unemployment.

GDP.

## Output Gap

The difference between full employment output and current output.

## Potential Output or Potential GDP

output produced when the economy is operating at its natural rate of unemployment.

## Mortality Tables

This is a statistical table used by life insurance companies showing the probability of death of male and females at all ages. ## Morbidity Tables

These are statistical tables used by life insurance companies showing the probability of disease of male and females at all ages.

## Coefficient of determination

A measure of the goodness of fit of the relationship between the dependent and
independent variables in a regression analysis; for instance, the percentage of variation in the return of an
asset explained by the market portfolio return.

## Correlation coefficient

A standardized statistical measure of the dependence of two random variables,
defined as the covariance divided by the standard deviations of two variables.

## Information Coefficient (IC)

The correlation between predicted and actual stock returns, sometimes used to
measure the value of a financial analyst. An IC of 1.0 indicates a perfect linear relationship between predicted
and actual returns, while an IC of 0.0 indicates no linear relationship.

## Correlation Coefficient

A measure of the tendency of two variables to change values
together

## coefficient of correlation

a measure of dispersion that indicates the degree of relative association existing between two variables

## coefficient of determination

a measure of dispersion that
indicates the “goodness of fit” of the actual observations
to the least squares regression line; indicates what proportion
of the total variation in y is explained by the regression model

## coefficient of variation

a measure of risk used when the standard deviations for multiple projects are approximately
the same but the expected values are significantly different

## Correlation coefficient

A statistic in which the covariance is scaled to a
value between minus one (perfect negative correlation) and plus one (perfect
positive correlation). ## Beta coefficient

A measurement of the extent to which the returns on a given stock move with stock market.

## Mortality Rate

The death rates for various age groups of the population.