A SMART Goal Must Be Attainable, Which Means That to Achieve

question 26

Multiple Choice

A SMART goal must be attainable, which means that to achieve it, you must

• A) have the necessary skills, strengths, and resources.
• B) know how many steps it will take to attain the goal.
• C) understand why the goal matters to you.
• D) know exactly what you want to achieve, why, and when.

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Definitions:

S&P 500

A U.S. stock market index reflecting the market value of 500 major companies with common stock on the NYSE or NASDAQ.

Correlation

A statistical measure that describes the degree to which two variables move in relation to each other.

Standard Deviation

A statistical measure that represents the dispersion or variability of a data set or investment returns around the mean.

Covariance

A measure of the degree to which two variables move in relation to each other. It can indicate if the movements are positively or negatively correlated.