Portfolio Managers Are Often Evaluated Using a Boxplot of Returns

question 11

Multiple Choice

Portfolio managers are often evaluated using a boxplot of returns for a universe of investors over a specific period of time which is known as a(n)

• A) Return adjusted comparison
• B) Efficient frontier comparison
• C) Time plot comparison
• D) Peer group comparison
• E) None of the above

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Definitions:

One-sample T Statistic

A statistic used to compare the mean of a single sample to a known or hypothesized population mean.

P-value

The chance of getting test findings that are at least as unusual as the ones actually seen, given that the null hypothesis holds.

Null Hypothesis

A default hypothesis that there is no effect or difference, and any observed change in the data is due to random chance.

Confidence Interval

An interval estimate of a population parameter that provides a range of values which is likely to include the parameter of interest.