What Is the Advantage of Exchange-Traded Funds (ETFs)over Mutual Funds

question 48

Multiple Choice

What is the advantage of exchange-traded funds (ETFs) over mutual funds?

• A) They can be traded throughout the day like a stock.
• B) The cost of the fund management is passed on to the holder.
• C) They do not require the services of a broker to complete a transaction.
• D) They allow for frequent trading with lower overall transaction fees.
• E) They regularly out-perform mutual funds.

Grasp the fundamentals of the MARS model and its application to individual behavior and performance.

Identify the 'Big Five' personality dimensions and their implications for work behavior.

Recognize how values and beliefs influence individual and organizational actions.

Explore the role of situational factors in shaping employee behavior and performance.

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Definitions:

Normally Distributed

Refers to a type of continuous probability distribution where data points are symmetrically distributed around the mean, forming a bell-shaped curve.

Variance

A measure of the dispersion or spread of a set of data points in a data set, representing the average squared deviation from the mean.

Standard Normal

A normal distribution with a mean of zero and a standard deviation of one, commonly used in statistical analyses.

Mean

The arithmetic average of a set of values or measurements, calculated by summing them all up and dividing by the number of values.