In a __________ Replication, the Experimenter May Change the Original

question 51

Multiple Choice

In a __________ replication, the experimenter may change the original procedure slightly by manipulating factors not varied in the original experiment and thus establish boundary conditions for the phenomenon in question.

• A) direct
• B) analogical
• C) systematic
• D) conceptual

---

Definitions:

Firm-specific Risk

The portion of an investment's risk that is attributable to the unique circumstances of the specific company, as opposed to market-wide risk.

Diversification

Diversification is an investment strategy that involves spreading investments among various financial instruments, industries, and other categories to reduce exposure to any single asset or risk.

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs).

Financial Characteristics

Refers to attributes that describe the financial health, performance, and structure of a company, such as revenue, profitability, debt levels, and liquidity ratios.