Treynor's Measure Is a Ratio of Excess Return to Systematic

question 57

True/False

Treynor's measure is a ratio of excess return to systematic risk.

---

Definitions:

Primary Reinforcer

Any reinforcer that is naturally reinforcing by meeting a basic biological need, such as hunger, thirst, or touch.

Fixed-Ratio Schedule

A fixed-ratio schedule is a type of operant conditioning reinforcement schedule where a response is reinforced only after a specified number of responses.

Variable-Ratio Schedule

A reinforcement schedule in which a response is reinforced after an unpredictable number of responses, leading to high and steady response rates.

Continuous Schedule

In operant conditioning, a reinforcement schedule where every instance of the desired behavior is reinforced.