It was a popular story, and unsurprisingly so, for it was based around the chilling words of the girl herself.* It was the perfect example of the sin and destruction that awaited those who left the Message. If we left, we could rest assured, without the Message we would fall apart. This version of the story is taken from The Sin of Unbelief, May 17, 1958: Sometime ago, I was speaking to a girl. I felt led just to say something to her.
Definition of duration: Period required to complete an activity, job, or task, usually excluding holidays and other non-working days.
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.