A Medieval Knight Could Not Go to the Armor Maker

question 19

Multiple Choice

A medieval knight could not go to the armor maker and pick out a size 44 Long suit of armor to protect him in battle.Nor could a person go to the cobbler and get a pair of shoes in a few minutes.This period before the advent of marketing is known as the _______________.

• A)Industrial revolution
• B)Mass production era
• C)Dark Ages
• D)Pre-industrial revolution
• E)Sales orientation era

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Definitions:

Correlation

A statistical measure that describes the degree to which two variables move in relation to each other.

Standard Deviation

A statistical measure that represents the dispersion or variability of a data set or investment returns around the mean.

Covariance

A measure of the degree to which two variables move in relation to each other. It can indicate if the movements are positively or negatively correlated.

Portfolio

A collection of financial investments like stocks, bonds, commodities, and cash equivalents owned by an individual or institutional investor.