Dollar-Cost Averaging Is Achieved by Periodic, Equal Dollar Investments

question 32

True/False

Dollar-cost averaging is achieved by periodic, equal dollar investments.

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Definitions:

Probability

A quantification of the chances of a given event happening, with its value lying anywhere from 0 to 1.

Simple Events

In probability, an event that cannot be broken down further into simpler components.

Probabilities

They are measures of the likelihood or chance of an event occurring, expressed as a number between 0 and 1.

Sample Space

The collection of every potential result from a statistical experiment.