The Movie the Big Short Is the Story of a Few

question 11

Multiple Choice

The movie The Big Short is the story of a few clever investors who realized that security markets were about to crash, and they:

• A)invested in CDOs.
• B)invested in CDSs.
• C)invested in NCDSs.
• D)sold stocks short.
• E)bought gold.

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Definitions:

P(A|B)

The probability of event A occurring given that event B has already occurred.

Probability

A quantification of the probability that an event will happen, represented as a numerical value ranging from 0 to 1.

Subscriber Owns

Refers to the assets or services a subscriber has purchased and currently possesses.

Probability

A measure of the likelihood or chance of an event occurring; a value between 0 and 1.