In a Particular Year, Razorback Mutual Fund Earned a Return

question 20

Multiple Choice

In a particular year, Razorback Mutual Fund earned a return of 1% by making the following investments in asset classes: The return on a bogey portfolio was 2%, calculated from the following information.
The total excess return on the Razorback Fund's managed portfolio was

• A)-1.80%.
• B)-1.00%.
• C)0.80%.
• D)1.00%.

---

Definitions:

Shaping

A behavioral technique involving reinforcing behaviors that are successively closer to the desired behavior.

Negative Reinforcement

A process in behavior modification where the removal of an undesirable or unpleasant stimulus after a response increases the likelihood that the response will occur again in the future.

Books in Bookcase

Items, typically bound and containing written or printed material, organized and stored on shelves in a piece of furniture known as a bookcase.

Behavior Modification

A method of therapy rooted in operant conditioning principles, which aims to substitute negative behaviors with positive ones using either rewards or penalties.