Tag: random

What is 'Variance' Variance is a measurement of the spread between numbers in a data set. The variance measures how far each...

What is Weak Form Efficiency In finance, weak form efficiency is the idea that prices reflect all information that is publicly available. In other words,...

What is 'Unconditional Probability The definition of unconditional probability is the chance that a single outcome results from a sample of possible outcomes. To find...

DefinitionIn probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of...

DefinitionThe efficient-market hypothesis is a theory in financial economics that states that asset prices fully reflect all available information. A direct implication is that...

What is 'A Priori Probability' A priori probability is a probability calculated by logically examining existing information. A priori probability can most...