Futures Contracts Differ from Forward Contracts in That

question 8

Multiple Choice

Futures contracts differ from forward contracts in that:

• A)forward contracts always require a margin deposit.
• B)futures contracts are between the individual hedger and speculator.
• C)futures contracts are personalised,unique contracts; forwards are standardised.
• D)futures contracts are marked to market daily with changes in value added or subtracted from buyer and seller.

Know how to set up and interpret an ANOVA table, including calculating critical values.

Distinguish between different experimental designs and their suitability for comparing more than two populations.

Understand the requirements for the F-test in the context of ANOVA and randomized block designs.

Recognize the role of sum of squares for blocks (SSB) in reducing within-treatment variation.

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Definitions:

Tapped

In electrical engineering, refers to creating a connection point at some location along a wire or winding of a transformer to draw off voltage.

Autotransformer

A type of electrical transformer with a single winding that acts as both the primary and the secondary winding, used for varying the level of voltage.

Primary

The initial or most important in order of development or consideration.

Distribution Transformer

A transformer used in electrical power distribution to step down voltage levels from high to lower levels for consumer use.