Elliptical Galaxies Appear Red Because They

question 30

Multiple Choice

Elliptical galaxies appear red because they

• A) are moving away from us.
• B) contain mostly ionized hydrogen gas.
• C) contain mostly old stars.
• D) contain lots of dust.
• E) contain a mix of old and young stars.

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Definitions:

Lower Partial Standard Deviation

A measure of the downward variation or downside risk of an asset's returns, focusing only on returns that fall below a minimum threshold or target.

Sharpe Measure

A metric used to assess the performance of an investment by adjusting for its risk.

Excess Returns

Returns earned by an asset that exceed the risk-free rate of return, indicating the additional gain from taking on risk.

Risk-free Asset

A financial instrument that is considered to have no risk of financial loss, typically issued by a government.