What Kind of Impact Was Made by Common Sense

question 67

Multiple Choice

What kind of impact was made by Common Sense?

• A) The pamphlet struck an immediate chord with Americans, and it sold wildly.
• B) Educated Bostonians quickly snapped up the pamphlet, though it was not read elsewhere.
• C) Very few colonists read the pamphlet, though it aptly expressed their general outlook.
• D) Colonists were not in the mood for this sort of radical discourse.

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Definitions:

Standard Deviation

A statistical measure of the dispersion of returns for a given security or market index, indicating how much returns can deviate from the average return.

Correlation

A statistical measure indicating the degree to which two variables' movements are associated with each other, ranging from -1 (perfect negative correlation) to 1 (perfect positive correlation).

Time Diversification

An investment strategy that spreads exposure across different periods to reduce risk associated with market volatility.

Standard Deviation

Standard deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of data values.