The Distribution of Returns, Measured Over a Short Interval of Time

question 62

Multiple Choice

The distribution of returns, measured over a short interval of time, such as daily returns, is best approximated by the

• A)normal distribution.
• B)lognormal distribution.
• C)binomial distribution.
• D)uniform distribution.

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Definitions:

Indirect Circular References

In spreadsheets, a situation where a formula refers back to its own cell directly or through a chain of references, potentially causing errors.

Worksheet Formulas

Predetermined calculations in spreadsheet software such as Excel, which manipulate data and display results based on input values.

Format Cells

The process of changing the appearance or data type of cells in a spreadsheet.

Order of Operations

The rules that determine the sequence in which operations are performed in mathematical expressions, often remembered as PEMDAS (Parentheses, Exponents, Multiplication and Division, and Addition and Subtraction).