Two Fast Whippets Are Bred

question 25

Multiple Choice

Two fast whippets are bred.What is the likelihood that their puppies will also be fast?

• A) 33%
• B) 50%
• C) 25%
• D) 0%
• E) 100%

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Definitions:

Unanticipated Macroeconomic Events

Economic events that are unexpected and can have significant impacts on markets and investments, such as sudden changes in inflation or interest rates.

Security's Return

The total gain or loss experienced on an investment over a specified period, expressed as a percentage.

Expected Return

The anticipated return on an investment, reflecting the probabilities of various outcomes.

Covariances

A measure indicating the extent to which two variables change together; if the variables tend to show similar behavior, the covariance is positive.