A Fund's Objective Must Be Stated in Its Prospectus

question 133

True/False

A fund's objective must be stated in its prospectus.

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Definitions:

Coefficient Of Determination

Represented as R-squared, it measures the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Sample Correlation

A measure that indicates the degree to which two variables change together, based on data drawn from a sample of the population.

Test Statistic

A value calculated from sample data during a statistical hypothesis test to determine the p-value or to compare against a critical value.

Prediction Interval

An estimated range of values within which a future observation is expected to fall, with a certain probability.