|
|
Special Cause Variation |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Special Cause VariationVariation in the process that is assignable to a specific cause or causes. It arises because of special circumstances.Similar MatchesVariation marginVariation marginProfits and losses on open futures contracts, which are revalued daily at the settlement price, which are subsequently paid to or received from the clearing house. Deed of variationDeed of variationA document allowing beneficiaries to vary the gifts specified in someone's will even after the giver's death. Process VariationProcess VariationThe spread of process output over time. There is variation in every process, and all variation is caused. The causes are of two types: special or common. A process can have both types of variation at the same time or only common cause variation. The management action necessary to improve the process is very different in each situation. Coefficient of VariationCoefficient of VariationA measure of investment risk that defines risk as the standard deviation per unit of expected return. Equivalent variationEquivalent variationThe amount of money that, paid to a person, group, or whole economy, would make them as well off as a specified change in the economy. Provides a monetary measure of the welfare effect of that change that is similar to, but not in general the same as, compensating variation. Further SuggestionsSpecial and Common Cause System of VariationTrading variation Compensating variation Common Cause System of Variation |
|
|
|