Definition
The Pareto principle states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran...
What is 'A Priori Probability' A priori probability is a probability calculated by logically examining existing information. A priori probability can most...
DefinitionFriedman's k-percent rule is the monetarist proposal that the money supply should be increased by the central bank by a constant percentage rate every...
What is ‘Zaraba method'
Zaraba method is a method of matching orders that involves using an auction-like process to trade securities. The orders are organized...
What is 'Valuable Papers Insurance' A special type of property-casualty insurance. Valuable papers insurance will reimburse the policyholder for the monetary value...