Relative Grading Involves Comparing a Student's Achievement to Which of the Following

question 18

Multiple Choice

Relative grading involves comparing a student's achievement to which of the following?

• A)a set of norms
• B)the student's learning ability
• C)the student's past performance
• D)the achievement levels of the other students

---

Definitions:

Black-Litterman Model

A mathematical model for portfolio allocation that incorporates expected returns based on equilibrium, with adjustments from the investor's views.

Treynor-Black Model

A portfolio optimization model that combines the market portfolio with a portfolio of select active bets to maximize portfolio performance under certain conditions.

Security Analysis

The examination and evaluation of various factors affecting the value of securities to make investment recommendations.

Asset Allocation

The strategy of dividing investments across various asset categories, such as stocks, bonds, and cash, to optimize risk and return.