The Central Limit Theorem States That the Sampling Distribution of Sample

question 94

True/False

The central limit theorem states that the sampling distribution of sample means will closely resemble the normal distribution regardless of the sample size.

Understand the concepts and calculations behind risk-adjusted performance measures.

Differentiate between Sharpe, Treynor, and Jensen's performance measures and understand their applications.

Calculate the dollar-weighted and time-weighted returns on investments.

Understand the concept of the comparison universe in mutual fund evaluation.

---

Definitions:

ECT

Electroconvulsive Therapy, a psychiatric treatment in which seizures are electrically induced in anesthetized patients to provide relief from mental disorders.

Anesthetic

Anesthetic is a substance that induces insensitivity to pain and is used for medical procedures to alleviate discomfort.

Cognitive Side Effects

Adverse impacts on cognitive functions, such as memory, attention, or thought processes, usually associated with medication, treatments, or illness.

Hans Eysenck

A psychologist known for his research in personality theory and the biological basis of personality, including the development of a three-dimensional hierarchy of traits.