题目内容

A researcher needs to choose a probability distribution for the price of an asset that is quite volatile in order to simulate returns outcomes. She has a program that will generate random variables fr

A. Normal distribution.
B. Lognormal distribution.
C. Students t-distribution.

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Which of the following statements about common probability distributions is least accurate?

A probability distribution specifies the probabilities of the possible outcomes of a random variable.
B. In a binomial probability distribution,each observation has only two possible outcomes that are mutually exclusive.
C. A normal distribution is a discrete symmetric probability distribution that is completely described by two parameters:its mean and variance.

Jarrett Rogers, CFA, recommends investment advisers to high net worth individuals. Investment advisers pay Rogers a portion of their investment management fees as compensation for client referrals. Wh

A. Referral fees.
B. misrepresentation.
C. Fair dealing.

If a minimum wage is set above the equilibrium wage in the labor market. what is the most likely effect?

A. The minimum wage will have no effect on the quantity of labor employed.
B. Firms will use less than the economically efficient amount of capital.
C. There will be excess supply of labor,and unemployment will increase

John Andersons company is participating in an acquisition. To speed up the process, his manager gives him a report from another companys analyst, also working on the project, and tells Anderson to put

A. misrepresentation.
B. Material nonpublic information.
Communication with clients and prospective clients.

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