# on 21-Dec-2018 (Fri)

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#6-principles #69-ways-to-influence #scarcity
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When you [...]. Then it gets really powerful.
start using numbers, saying there is only this much tie or this many days, or this many of it left

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When you start using numbers, saying there is only this much tie or this many days, or this many of it left. Then it gets really powerful.

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#### Flashcard 1602930216204

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In the balance sheet some items are measured at [...] or a variation thereof and others at [...]
historical cost

fair value.

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#### Flashcard 1625120705804

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Future value of an annuity due

(without calculating the 2 parts)

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Subject 4. The Future Value and Present Value of a Series of Equal Cash Flows (Ordinary Annuities, Annuity Dues, and Perpetuities)
sent value of a regular annuity Annuity due has a first cash flow that is paid immediately (indexed at t = 0). In other words, the payments occur at the beginning of each period. <span>Future value of an annuity due This consists of two parts: the future value of one annuity payment now, and the future value of a regular annuity of (N -1) period. Calculate the two parts and add them together. Alternatively, you can use this formula: Note that, all other factors being equal, the future value of an annuity due is equal to the future value of an ordinary annuity multiplied by

#### Flashcard 1625141153036

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What is the formula to compute the future value of a series of uneven cash flows?
There is no single formula available

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Subject 5. The Future Value and Present Value of a Series of Uneven Cash Flows
This subject is for LOS 6.e. A series of uneven cash flows means that the cash flow stream is uneven over many time periods. There is no single formula available to compute the present or future value of a series of uneven cash flows. Present Value When we have unequal cash flows, we must first find the present value of each individual cash flow and then the sum of the respective present valu

#### Flashcard 1637657480460

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To convert a mixed fraction to an improper fraction, follow these steps:
 [...]Add that to the numeratorThen write the result on top of the denominator.
Multiply the whole number part by the fraction's denominator.

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Improper Fractions
fraction. Divide: 11 ÷ 4 = 2 with a remainder of 3 Write down the 2 and then write down the remainder (3) above the denominator (4), like this: 2 3 4 Converting Mixed Fractions to Improper Fractions <span>To convert a mixed fraction to an improper fraction, follow these steps: Multiply the whole number part by the fraction's denominator. Add that to the numerator Then write the result on top of the denominator. Example: Convert 3 2 / 5 to an improper fraction. Multiply the whole number by the denominator: 3 × 5 = 15 Add the numerator to that: 15 + 2

#### Flashcard 1641142947084

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#has-images #quantitative-methods-basic-concepts #statistics
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The harmonic mean of n numbers xi (where i = 1, 2, ..., n) is:

XH = [...]

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Harmonic Mean The harmonic mean of n numbers x i (where i = 1, 2, ..., n) is: The special cases of n = 2 and n = 3 are given by: and so on.

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Subject 4. Measures of Center Tendency
, therefore, is not recommended for use as the only measure of central tendency. A further disadvantage of the mode is that many distributions have more than one mode. These distributions are called "multimodal." <span>Harmonic Mean The harmonic mean of n numbers x i (where i = 1, 2, ..., n) is: The special cases of n = 2 and n = 3 are given by: and so on. For n = 2, the harmonic mean is related to arithmetic mean A and geometric mean G by: The mean, median, and mode are equal in symmetric distributions. The mean is higher than the median in positively skewed distributions and lower than the median in negatively skewed dist

#### Flashcard 1645880413452

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#math-shit
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How many digits can the stems in a stemplot have?
As many as needed

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The stem of a stemplot can have as many digits as needed, but the leaves should contain only one digit.

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Stem-and-leaf graph
Suppose you have the following set of numbers (they might represent the number of home runs hit by a major league baseball player during his career). 32, 33, 21, 45, 58, 20, 33, 44, 28, 15, 18, 25 <span>The stem of a stemplot can have as many digits as needed, but the leaves should contain only one digit. To create a stemplot to display the above data, you must first create the stem. Since all of the numbers have just two digits, start by arranging the tens digits from

#### Flashcard 1646667631884

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Expressing the magnitude of variation among observations relative to their average size, the [...] permits direct comparisons of dispersion across different data sets.

coefficient of variation

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Expressing the magnitude of variation among observations relative to their average size, the coefficient of variation permits direct comparisons of dispersion across different data sets.

#### Flashcard 1646927678732

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#math-is-fun
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A [...] refers to a set of two numbers, which when multiplied result in a definite number
factor pair

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:"","st":"Splash Math","th":160,"tu":"https://encrypted-tbn0.gstatic.com/images?q\u003dtbn:ANd9GcRHjBhlW5F0Cb7E8s3_cbzCOwjzEfIhJIdDWFcIRiA-zHAssrk5kxuE1UAu6A","tw":160} <span>A factor pair refers to a set of two numbers, which when multiplied result in a definite number. Factor Pairs - Definition, Examples & Fun Math Worksheets https://www.splashmath.com/math-vocabulary/fractions/factor-pairs Feedback About this result People also a

#### Flashcard 1646953368844

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What are the whiskers in a box-and-whisker plot?
They reach the minimum and maximum values

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To find a box-and-whisker plot of order data we find the median and, to divide the data into quarters, we then find the medians of these two halves.

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;:"","st":"Khan Academy","th":126,"tu":"https://encrypted-tbn0.gstatic.com/images?q\u003dtbn:ANd9GcSn5LucwU2YqqP-QbKVKFxZQrH67dnFFkLdw7mMGEhss07jzQixQxdTCiUW","tw":224} <span>To create a box-and-whisker plot, we start by ordering our data (that is, putting the values) in numerical order, if they aren't ordered already. Then we find the median of our data. The median divides the data into two halves. To divide the data into quarters, we then find the medians of these two halves. Box-and-Whisker Plots - Purplemath www.purplemath.com/modules/boxwhisk.htm Feedback About this result People also ask What can you tell from a box and whisker plot?

#### Flashcard 1654679801100

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A random variable that can take on at most a countable number of possible values.
Discrete random variable

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#### Flashcard 1655389687052

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Are the statistics computed from discrete variables continuous or discrete?
Continuous

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Subject 1. Basic Definitions
A variable such as a person's height can take on any value as well. The rate of return on an asset is also a continuous random variable since the exact value of the rate of return depends on the desired number of decimal spaces. <span>Statistics computed from discrete variables are continuous. The mean on a five-point scale could be 3.117 even though 3.117 is not possible for an individual score. For any random variable, it is necessary to know two things:

#### Flashcard 1738059943180

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The GIPS establish a standardized for investment firms to follow in [...] and [...] their historical investment results to prospective clients.
calculating and presenting

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The GIPS standards are a practitioner-driven set of ethical principles that establish a standardized, industry-wide approach for investment firms to follow in calculating and presenting their historical investment results to prospective clients. The GIPS standards ensure fair representation and full disclosure of investment performance. In other words, the GIPS standards lead investment management firms to avoid misrepresentations of performance and to communicate all relevant information that prospective clients shoul

#### Original toplevel document

Reading 4  Introduction to the Global Investment Performance Standards (GIPS®)
l investment management firms was problematic. For example, a pension fund seeking to hire an investment management firm might receive proposals from several firms, all using different methodologies for calculating their results. <span>The GIPS standards are a practitioner-driven set of ethical principles that establish a standardized, industry-wide approach for investment firms to follow in calculating and presenting their historical investment results to prospective clients. The GIPS standards ensure fair representation and full disclosure of investment performance. In other words, the GIPS standards lead investment management firms to avoid misrepresentations of performance and to communicate all relevant information that prospective clients should know in order to evaluate past results. <span><body><html>

#### Flashcard 1744530181388

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Ethics is the study of [...] used to [...] .

moral principles
make good choices

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Subject 1. Ethics
Ethics is the study of moral principles used to make good choices. Ethical principles are beliefs regarding what is good, acceptable, or responsible behavior, and what is bad, unacceptable, or forbidden behavior. They pr

#### Flashcard 1744535424268

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[...] are beliefs regarding what is good, acceptable, or responsible behavior, and what is bad, unacceptable, or forbidden behavior. They provide guidance for our behavior.

Ethical principles

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Subject 1. Ethics
Ethics is the study of moral principles used to make good choices. Ethical principles are beliefs regarding what is good, acceptable, or responsible behavior, and what is bad, unacceptable, or forbidden behavior. They provide guidance for our behavior. Ethical conduct is behavior that follows moral principles. Ethical actions are those actions that are perceived as beneficial and conform to &#13

#### Flashcard 1748547013900

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[...] : Presenting an “average” performance history that excludes portfolios whose poor performance was weak enough to result in termination of the firm.

Survivorship Bias

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Misleading practices included: Survivorship Bias : Presenting an “average” performance history that excludes portfolios whose poor performance was weak enough to result in termination of the firm.

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Reading 4  Introduction to the Global Investment Performance Standards (GIPS®)
nvestment performance data. Several performance measurement practices hindered the comparability of performance returns from one firm to another, while others called into question the accuracy and credibility of performance reporting overall. <span>Misleading practices included: Representative Accounts: Selecting a top-performing portfolio to represent the firm’s overall investment results for a specific mandate. Survivorship Bias: Presenting an “average” performance history that excludes portfolios whose poor performance was weak enough to result in termination of the firm. Varying Time Periods: Presenting performance for a selected time period during which the mandate produced excellent returns or out-performed its benchmark—making comparison with other firms’ results difficult or impossible. Making a valid comparison of investment performance among even the most ethical investment management firms was problematic. For example, a pension fund seeking to

#### Flashcard 1750783888652

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[...] are those actions that are perceived as beneficial and conform to the ethical expectations of society.

Ethical actions

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Ethical actions are those actions that are perceived as beneficial and conform to the ethical expectations of society.

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Subject 1. Ethics
rding what is good, acceptable, or responsible behavior, and what is bad, unacceptable, or forbidden behavior. They provide guidance for our behavior. Ethical conduct is behavior that follows moral principles. <span>Ethical actions are those actions that are perceived as beneficial and conform to the ethical expectations of society. Ethics encompass a set of moral principles ( code of ethics ) and standards of conduct that provide guidance for our behavior. Violations can ha

#### Flashcard 3710196256012

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#has-images
[unknown IMAGE 3710190488844]
[unknown IMAGE 3710190488844]

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#### pdf

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