The Semi-Strong Form of the Efficient Market Hypothesis States That

question 4

Multiple Choice

The semi-strong form of the efficient market hypothesis states that:

• A) the efficient market hypothesis is only half true.
• B) professional investors make superior profits but amateurs can't.
• C) stock prices do not follow a random walk.
• D) prices reflect all publicly available information.

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Definitions:

Generalization Gradients

A depiction of the gradual decrease in the conditioned response as the conditioned stimulus becomes more dissimilar to the original conditioned stimulus.

Variety of Stimuli

A range of external factors or inputs that can provoke different sensory, cognitive, or emotional responses.

Limited Number

Refers to a fixed or restricted quantity, often used in contexts where availability or capacity is constrained.

Discriminative Operant

A behavior that is more likely to be performed in the presence of a specific stimulus because the behavior has been reinforced in the presence of that stimulus in the past.