All of the Following Are True EXCEPT

question 63

Multiple Choice

All of the following are true EXCEPT

• A)58% of African Americans go on to college.
• B)the median income for African Americans is about $40,000.
• C)the African American population is much younger than the white population.
• D)50% of African Americans are below the poverty line.
• E)40% of African American households earn more than $50,000 annually.

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Definitions:

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.

Negatively Correlated

A relationship between two variables in which one variable increases as the other decreases.

Portfolio Risk

The degree of uncertainty of returns on a portfolio due to the possibility of changes in the values of the holdings.

Market Risk Premium

The difference between the expected return on a market portfolio and the risk-free rate.