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A procedures portion, in which authors describe how they gathered and analyzed data. Statistical analyses are incorporated. This section is quite detailed, as it's important that other researchers be capable of verify and/or replicate these techniques.
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Use of returns is often possibly arithmetic common or geometric common but geometric ordinary is a lot more ideal then arithmetic regular as arithmetic ordinary is reflecting simple return more than a time period on First investment decision, regardless of the money get from period of time to period. On the other hand, geometric normal exhibits compound return, which makes harmony of investment decision price of prior year a theory base for calculation of following 12 months’s return i.
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