When the Confidence Interval Has a Probability Value of

question 85

Multiple Choice

When the confidence interval has a probability value of .99, then

• A) the resulting prediction is never wrong
• B) the resulting prediction is wrong 99% of the time
• C) 99% of the resulting predictions are assumed to lie within the interval
• D) none of these, since the confidence interval has nothing to do with

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Definitions:

Moving Average

A statistic used in technical analysis showing the average value of a security's price over a set period.

Stock Prices

The current market value of a company’s shares, fluctuating based on supply and demand, news, and investors' perceptions.

Volatile

Describing an asset or market with frequent, significant price changes over a short period.

Kondratieff

A theory proposing that Western capitalist economies have long-term (50 to 60 years) cycles of boom and bust, named after Russian economist Nikolai Kondratiev.