Since futures contracts on a market index expire only once a month, Fair Value is the Forward Value (at the time of a futures contract expiration) of an index spot price, where compounding takes into account time to expiration and dividends lost due to holding index futures rather than underlying stocks. If Fair Value before the open is lower than the futures contract price, you may expect that a market index will go higher after the opening bell.
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A standard deviation of zero means that all the data points are the same value.
• SMV means Standard Minute Value. • It is a numerical value which is represented the standard time of a process or operation in a standard environment for standard worker. • It will be calculated by the following formula (Stop-watch system): Standard Time = Basic Time + Allowance% There are many techniques which have been developed to establish standard minute Values, one such technique is Called Pro-SMV , Professional standard minute value, this is a system based on MTM 2 developed by Methods Apparel consultancy India Pvt Limited.
It is a value calculated from the sample values only.It is a value calculated from the sample values only.It is a value calculated from the sample values only.It is a value calculated from the sample values only.
The z-score for an observation (or a set of them) can only be calculated if the mean and standard deviation are known. Neither of them are given in this question.
Convert 7.9 million into standard value