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:

Central Traits

Key personality characteristics that determine how individuals behave in most situations and how they are perceived by others.

Nomothetic Approach

A scientific approach that seeks general laws and principles through the study of groups of individuals.

Secondary Traits

Personality traits that are less central to an individual's identity and more situational or context-dependent.

Achievement Needs

A person's desire for significant accomplishment, mastery of skills, control, or high standards.