The Practice of Reducing Risk Through Diversification Could Be Summed

question 198

Multiple Choice

The practice of reducing risk through diversification could be summed up by the phrase

• A)a penny saved is a penny earned
• B)neither a borrower nor a lender be
• C)buy low; sell high
• D)don't put all your eggs in one basket
• E)a fool and his gold are soon parted

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Definitions:

Positive Predictive Value

The probability that subjects with a positive screening test truly have the disease.

Prevalence

The total number of cases of a disease that exist in a particular population at a specific time.

False-Positive Diagnosis

An erroneous identification where a test incorrectly indicates the presence of a condition that is actually absent.

Diagnostic Procedures

Medical tests and evaluations performed to identify the presence of a disease or determine its severity in a patient.