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Technical Analysis, Which Is Defined as the Analysis of Historical

question 17

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Technical analysis, which is defined as the analysis of historical trends of prices, is an important field in finance.Which form of efficiency is this field based on?


Definitions:

Need for Affiliation

An individual's desire to form connections and foster positive relationships with others.

Alderfer's

Relates to Alderfer's ERG Theory, a model in psychology that categorizes human needs into three groups: Existence, Relatedness, and Growth needs.

Existence Need

In the context of motivation theories, particularly ERG theory, existence needs refer to basic physical and material well-being requirements such as food, safety, and shelter.

Growth

An increase in the size, number, value, or strength of something over time.

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