Empirical Evidence

question 29

Multiple Choice

Empirical evidence

• A)does not support efficient markets
• B)does not support the use of technical analysis
• C)cannot be applied to technical analysis
• D)only supports head-and-figure charts

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Definitions:

Procedural Justice

The fairness and transparency of the processes used by authorities to make decisions, often judged based on consistency, bias suppression, accuracy, correctability, and representativeness.

Multiplicative Relationship

A situation or equation in which one variable increases as a result of increasing another variable by a specific factor or multiplier.

Performance

Relates to the execution and outcome of tasks or actions and is often measured against established standards or objectives.

Ability

The possession of the means or skill to do something.