MULTIPLE DISCRIMINANT ANALYSIS - MDA
A statistical technique used to lower the differences between variables in order to group these into a set number of broad groups. In finance, this is employed to narrow down the variance between securities and permits the individual to look for many variables at the same time. It is related to discriminant analysis where it categorizes a data set by setting a rule or choosing a value that will give the most meaningful separation.
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Oil Price to Natural Gas Ratio
It is a mathematical ratio which compares the prices of natural gas and crude oil. In the oil price to natural gas ratio formula, the oil price is ...
Budget Control Act - BCA
Federal statute, signed into law by US President Barack Obama, which was enacted in response to the Debt Ceiling Crisis in 2011. The Act seeks to i ...
Medicare Doughnut Hole
The range of total prescription drug spending in the Medicare Part D program where all of the costs must be covered from the participants’ ow ...
Proprietary Trading
Proprietary trading is when a firm trades for direct gain instead of commission dollars. The firm has essentially decided to profit from the market ...
Common Law Property
System used in determining property ownership owned during marriage. The property purchased by one spouse belongs solely to that individual while p ...
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SEE FOREX TUTORIAL
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
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| 00:00 | FOMC Member Patrick T. Harker Speaks | ||
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