An Essential Ingredient of an Effective Investment Strategy Is

question 19

Multiple Choice

An essential ingredient of an effective investment strategy is

• A)enough money to diversify.
• B)a good broker.
• C)blue-chip stock selections.
• D)high-income securities.
• E)a bull market.

---

Definitions:

Qualitative Variables

Variables that express categorical properties or qualities such as gender, nationality, or brand preference, and are not numerical.

Independence

A statistical condition where two events or variables have no association or influence on each other; their occurrence is unrelated.

Level of Significance

A threshold in hypothesis testing that determines whether a result is statistically significant.

Random Samples

A portion of a statistical group where every individual within this segment stands an equal chance of selection.