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The Intent of Technical Analysis Is to Discover Patterns in Past

question 60

True/False

The intent of technical analysis is to discover patterns in past stock prices.


Definitions:

Content Validity

The extent to which a test or measurement accurately represents the construct it is intended to measure, covering all relevant facets.

Predictive Validity

The extent to which a test accurately forecasts a specific future outcome.

Concurrent Validity

The degree to which the results of a particular test correlate with those of another established measure given at the same time.

Reliability

The consistency and dependability of a measure or test over time, ensuring that similar results are achieved under consistent conditions.

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