## Absolute Return

• Absolute return is the return that an asset receives over a certain period.

## After-Tax Real Rate of Return

• The after-tax real rate of return takes inflation and taxes into account to determine the true profit or loss on an investment.

## Annualized Rate of Return

• Annual rate of return is the process of determining the rate of return on an investment on an annual basis.

## Average Inventory

• Average inventory is a calculation that estimates the cost or quantity of a particular item or set of items over two or more specific time periods.

## Ballpark Figure

• A ballpark figure is a rough estimate of what something might mean in numerical terms when a more precise number is estimated, such as the cost of a product.

## Baye's Theorem

• Bayes’ theorem allows you to update the predicted probabilities of an event by incorporating new information.

## Binomial Distribution

• The binomial distribution is a probability distribution that generalizes the probability that a value will take on one of two independent values given a set of parameters or assumptions.