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A Researcher Studies How Students Who Drop Out of High

question 59

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A researcher studies how students who drop out of high school experienced high school. She found that it was common for such students to report that they felt like they had little control of their destiny. Her report that this lack of control was an invariant part of the students' experiences suggests that lack of control is _______ of the "flunking out" experience.


Definitions:

Mutual-fund Theorem

A principle in finance that suggests diversifying investments across a broad range of assets to reduce risk without sacrificing return, associated with the modern portfolio theory.

Passive Investment Strategy

Investing in a diversified portfolio or market index without attempting to search out mispriced securities.

Active Strategies

Investment tactics that involve ongoing buying and selling actions by the manager or investor in an attempt to outperform the market or a specific benchmark.

Portfolio Beta

A measure of a portfolio's volatility or systemic risk compared to the overall market; a beta above 1 indicates higher than market volatility.

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