Which One of the Following Items Is Most Apt to Be

question 12

Multiple Choice

Which one of the following items is most apt to be considered material non-public information? Assume that none of this information is known publicly.

• A)Barb knows that Sue, an accounting clerk, is planning on resigning on Friday.
• B)Linda knows a new receptionist has just been hired.
• C)Wendy knows that her firm's net income is continuing to increase at a steady rate.
• D)Tracey knows her employer just received patent approval on a key new product.
• E)Maria is the chief financial officer and knows the firm intends to maintain its current dividend policy.

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Definitions:

Uniform Distribution

A type of probability distribution where all outcomes are equally likely to occur.

Continuous Random Variable

A variable that can take an infinite number of possible values in a continuum within a given range, such as any real number between two points.

Continuous Random Variable

A random variable that can take an infinite number of possible values.

Continuous Probability Distribution

A type of probability distribution where the possible outcomes form a continuum and can take on any value within a given range.