The Term "Quants" Refers to Financial Managers and Others Who

question 38

True/False

The term "quants" refers to financial managers and others who base their decisions on complex quantitative analysis, under assumption that using advanced mathematics and technology can accurately predict how the market works.

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Definitions:

Penal Servitude

A form of punishment that involves the offender being sentenced to hard labor, typically in a penal colony.

Beauty

A characteristic of an object, person, place, or idea that provides a perceptual experience of pleasure, meaning, or satisfaction.

Schopenhauer

A German philosopher known for his pessimistic philosophy that emphasized the role of will in human desire and suffering.

Medieval Painters

Artists from the Medieval period, roughly spanning the 5th to the late 15th century, known for religious and symbolic art.