The ratio of number of residents in Tutwiler to the number of sex offenders is 587 to 1. The number of registered sex offenders compared to the number of residents in this city is smaller than the state average. Median real estate property taxes paid for housing units with mortgages in 2013: $530 (1.0%)
Duration is defined as the length of time that something lasts. When a film lasts for two hours, this is an example of a time when the film has a two hour duration. continuance in time.
DEFINITION of 'Empirical Duration'. The calculation of a bond's duration based on historical data.Empirical duration is estimated statistically using historical market-based bond prices and historical market-based Treasury yields.egression analysis is the statistical process used to estimate empirical duration. Duration is the percentage change in a bond's price with a 100-basis-point change in yield.