Determine Whether the Equation Defines Y as a Function of X

question 347

Multiple Choice

Determine whether the equation defines y as a function of x.
- $$| x | - y = 2$$

• A) \(y\) is a function of \(x\)
• B) \(y\) is not a function of \(x\)

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Definitions:

Positively Correlated Stocks

Stocks whose prices tend to move in the same direction due to similar underlying factors or market conditions.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, often associated with the degree of risk or uncertainty.

Systematic Risk

The risk inherent to the entire market or a whole market segment, which cannot be mitigated through diversification alone.

Opportunity Sets

The array of possible investment opportunities or combinations that are available to an investor.