Examlex
________ refers to activities associated with guaranteeing the quality of a product or service.
Inefficient Market
A market in which asset prices do not always accurately reflect all available information, potentially allowing investors to earn abnormal returns.
Maurice Kendall
Maurice Kendall was a British statistician known for his significant contributions to the field of statistics, including work in time series analysis and the development of the Kendall rank correlation coefficient.
Stock Returns
The gain or loss made from trading a stock, usually measured as the change in capital plus dividends in a given period.
EMH
The Efficient Market Hypothesis, a theory stating that stock prices fully reflect all available information, making it impossible to consistently achieve higher returns.
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