Professors Harry Markowitz and William Sharpe Received Their Nobel Prize

question 97

Multiple Choice

Professors Harry Markowitz and William Sharpe received their Nobel Prize in Economics for their contributions to the

• A) options pricing model.
• B) theories of working capital management.
• C) theories of portfolio based management and the risk along with return on securities.
• D) theories of international capital budgeting.

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Definitions:

Median

The median is found by organizing a series of numbers from smallest to largest and identifying the central number.

Significantly Distorted

Describes data or information that has been altered or misrepresented to such an extent that it significantly deviates from its original or true value.

Skew

An indicator of how much the probability distribution of a real-valued random variable deviates from being symmetrical.

Sigma

A symbol used in statistics to represent the standard deviation of a population or summing operations.