When the Board of Directors Approves a Three for One

question 66

Multiple Choice

When the board of directors approves a three for one stock split, the price for each share of stock

• A)remains unchanged.
• B)increases in value.
• C)decreases in value.
• D)is guaranteed to go up within a short period of time.
• E)always drops to a third of its former value.

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Definitions:

Larger Than 10

A description or condition referring to quantities or values that exceed the number 10.

Parametric Techniques

Statistical methods that assume the underlying data distributions have a specific form.

Population Distribution

A description of how individuals are spread across a given area.

Wilcoxon Rank Sum Test

A nonparametric statistical test that compares two independent samples to determine if they come from the same distribution.