Which of the Following Observations Would Provide Evidence Against the Strong

question 47

Multiple Choice

Which of the following observations would provide evidence against the strong form of efficient market theory?
I.Mutual fund managers do not on average make superior returns.
II.In any year approximately 50% of all pension funds outperform the market.
III.Managers who trade in their own firm's stocks make superior returns.

• A)I only
• B)II only
• C)III only
• D)I and II only

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Definitions:

Human Population Growth

The increase in the number of individuals in a human population, often discussed in terms of its impact on the environment and resources.

Ecological Services

The benefits humans freely gain from the natural environment and properly functioning ecosystems, such as clean water, pollination, and disease control.

Frederick Taylor

Frederick Winslow Taylor was an American mechanical engineer who sought to improve industrial efficiency and is known as the father of scientific management.

Max Hawthorne

A figure not widely recognized in academic or scientific fields, potentially related to specific industries or entertainment, without a general definition available.