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Estimates Are That Speculation Accounts for Only About 10 Percent

question 21

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Estimates are that speculation accounts for only about 10 percent of the daily trading activity in the foreign exchange market.

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Definitions:

Sample Variances

A measure of the spread or dispersion within a set of sample data, calculated as the average of the squared differences from the sample mean.

F-Distribution

A probability distribution used in analysis of variance that helps to determine if the means of several populations are equal.

Normal Population Variances

The variances of populations that follow a normal (Gaussian) distribution.

F-Distribution

A statistical distribution used primarily in the analysis of variance (ANOVA), describing ratios of variance across different datasets.

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