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Definition of Normal deviate
Related: standardized value
Also called the normal deviate, the distance of one data point from the mean, divided by
a measure used in academic finance articles to measure the excess returns an investor would have received over a particular time period if he or she were invested in a particular stock.
Part of the return that is not due to systematic influences (market wide influences). In
Sum of the differences between the expected return on a stock and the
A distribution where the logarithm of the variable follows a normal distribution.
The manner in which retirement benefits are paid out.
Holds that the futures price will be bid down to a level below the expected
A probability distribution for a continuous random variable that is forms a
A customized benchmark that includes all the securities from which a manager normally
A random variable that has a normal probability distribution.
The practice of making a charge in the income account equivalent to the tax savings
A normal distribution with a mean of 0 and a standard deviation of 1.
the cost of spoiled work less the estimated disposal value of that work
the long-run (5–10 years) average production
a valuation method that uses actual
an expected decline in units during the production process
spoilage that has been planned or foreseen; is a product cost
Normal (bell-shaped) distribution
In statistics, a theoretical frequency
Spoilage arising from the production process that exceeds the normal
The amount of spoilage that naturally arises as part of a production
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