A Major Difference Between a Closed-End Investment Company and an Open-End

question 68

Multiple Choice

A major difference between a closed-end investment company and an open-end investment company is that:

• A) closed-end investment companies are generally much riskier.
• B) their security portfolios are substantially different.
• C) closed-end investment companies are passive investments and open-ends are not.
• D) the capitalization of closed-end companies is more fixed.

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Definitions:

Population Mean

Population mean is the average of all the values in a population.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the numbers are from the mean.

Confidence Interval

A series of values, obtained from statistics of a sample, that has a high probability of including the value of an unseen population parameter.

Standard Deviation

A metric that calculates how much a dataset's values deviate or spread out from the average.