Which of the Following Is Not an Example of a Financial

question 39

Multiple Choice

Which of the following is not an example of a financial intermediary?

• A) a pension fund
• B) an insurance company
• C) a commercial bank
• D) the New York Stock Exchange

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Definitions:

Covariance

A statistical measure that indicates the extent to which two variables change together; if positive, the variables move in the same direction, and if negative, they move in opposite directions.

Two Assets

Refers to any pair of financial instruments or physical goods that a company or individual holds, often for the purpose of investment or diversification.

PHStat

An Excel add-in designed to perform statistical analysis, specifically tailored for business statistics courses.

Rollback Value

The specific previous value that a variable or property is reverted to, often used in the context of undoing changes or restoring data.