If a Firm Employs 50 Analysts, How Many of Them

question 35

Multiple Choice

If a firm employs 50 analysts, how many of them are likely to issue forecasts that beat the market five years in a row, assuming none of them has any superior ability and that there are
No transaction costs?

• A)about 10
• B)fewer than 2
• C)25
• D)about 5

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Definitions:

Coconscious

Coconscious refers to a psychological state in which two or more conscious processes or identities within an individual are aware of each other's thoughts, feelings, or actions.

Personalities

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and emotions.

Dissociative Identity Disorder

A mental disorder characterized by the presence of two or more distinct personality states or identities in an individual.

Mutually Amnesic

Characterizes a state where two or more individuals mutually have no memory of certain events or experiences.