Use the Following Information to Answer the Question(s)below

question 84

Multiple Choice

Use the following information to answer the question(s) below.
Suppose that the market portfolio is equally likely to increase by 24% or decrease by 8%.Security "X" goes up on average by 29% when the market goes up and goes down by 11% when the market goes down.Security "Y" goes down on average by 16% when the market goes up and goes up by 16% when the market goes down.Security "Z" goes up on average by 4% when the market goes up and goes up by 4% when the market goes down.
-The beta for security "Z" is closest to:

• A)-1.00.
• B)-0.25.
• C)0.00.
• D)0.25.

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Definitions:

Primary Reinforcers

Innate reinforcing qualities such as food, drink, and pleasure, which do not require learning to become effective in shaping behavior.

Contingent Reinforcement

A method where the provision of rewards or consequences is directly dependent on the display of specific behaviors.

Reinforcer

Any stimulus that strengthens or increases the probability of a specific response or behavior by being presented after that response or behavior.

Reinforcer

Any stimulus that strengthens or increases the probability of a specific response or behavior by the means of positive or negative reinforcement.