According to the Odd-Lot Theory,an Odd-Lot Trading Index of Less

question 37

Multiple Choice

According to the odd-lot theory,an odd-lot trading index of less than 1.0 is considered as a __________.

• A) bearish signal
• B) bullish signal
• C) bearish signal by some technical analysts and as a bullish signal by other technical analysts
• D) none of these

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Definitions:

Probability of No Retries

The likelihood that a process or event will be completed successfully on the first attempt without the need for repeating it.

Expected Value

The long-run average value of repetitions of the experiment it represents, often used in probability and statistics.

Shopping Outlet

A retail store or set of stores where products are sold directly to the public, often at reduced prices.

Covariance

A measure of the degree to which two variables change together, indicating the direction of their linear relationship.