Autocorrelation and Runs Tests Are Used to Test the

question 94

Multiple Choice

Autocorrelation and runs tests are used to test the

• A) Weak-form efficient market hypothesis (EMH).
• B) Semistrong-form efficient market hypothesis (EMH).
• C) Strong-form efficient market hypothesis (EMH).
• D) Both a and b
• E) All of the above.

---

Definitions:

Full-Ride Scholarship

A scholarship that covers all expenses of a student's education, including tuition, room, board, and sometimes additional costs like books and fees.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Life Expectancy

The average period that a person is expected to live, which can vary significantly across different countries and communities.

Inflation

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.