Statistical Significance Means

question 14

Multiple Choice

Statistical significance means

• A)the results are highly important
• B)there is a reasonable level of certainty that results are not due to chance
• C)there is a reasonable level of importance that can be attached to the results
• D)you have chosen the correct statistic and it was powerful enough to provide accurate results

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Definitions:

Trading Costs

Expenses associated with buying and selling securities, including commissions, spreads, and fees.

Open-end

A type of mutual fund that does not have a fixed number of shares and can issue new shares or redeem existing shares at any time based on investor demand.

Net Asset Value

The per-share value of a mutual fund or exchange-traded fund, calculated by dividing the total value of all securities in the portfolio by the number of shares outstanding.

Net Asset Value

Net Asset Value (NAV) is the per-share value of a mutual fund or ETF, calculated by dividing the total value of all the assets in the portfolio, minus liabilities, by the number of shares outstanding.