An Order to Purchase Stock That Can Be Executed Only

question 9

Multiple Choice

An order to purchase stock that can be executed only at a specified price or better is called a:

• A) market order
• B) limit order
• C) stop order
• D) stock order
• E) private order

---

Definitions:

Null Hypothesis

A default hypothesis that there is no significant difference or relationship between specified populations or variables.

Operating Characteristic

A function or curve that describes the discerning capacity of a statistical test, defining the probabilities of accepting a hypothesis over a range of values.

Sample Size

The number of individuals or observations used in a study, affecting its power and the precision of the results.

Type II Error

A statistical error that occurs when a false null hypothesis is not rejected, missing an actual effect or difference.