Normal random variable

Normal random variable

Normal random variable

A random variable that has a normal probability distribution.

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Normal probability distribution

Normal probability distribution

Normal probability distribution

A probability distribution for a continuous random variable that is forms a symmetrical bell-shaped curve around the mean.

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Normal annuity form

Normal annuity form

Normal annuity form

The manner in which retirement benefits are paid out.

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Non-tradables

Non-tradables

Non-tradables

Refer to goods and services produced and consumed domestically that are not close substitutes to import or export goods and services.

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Nonsystematic risk

Nonsystematic risk

Nonsystematic risk

Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk or diversifiable risk. Systematic risk refers to risk factors common to the entire economy.

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