The Closing Price of a Company's Stock Tomorrow Can Be

question 60

Multiple Choice

The closing price of a company's stock tomorrow can be lower, higher or the same as today's closed. Without any prior information that may affect the price of the stock tomorrow, the
Probability that it will close higher than today's close is 1/3. This is an example of using which
Of the following probability approach?

• A) A priori probability
• B) Empirical probability
• C) Subjective probability
• D) Conditional probability

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Definitions:

Competitive Advantage

The unique attributes or circumstances that allow an organization to outperform its competitors.

Organizational Resources

Assets, capabilities, and inputs that an organization utilizes to operate and achieve its objectives, including human, financial, and physical resources.

Environmental Opportunities

Circumstances in the external environment that a business can exploit to its advantage.

Organizational Weaknesses

Aspects of an organization that reduce its ability to reach its goals, including deficiencies in resources, processes, or capabilities.