Empirical Tests to Date Show ______________

question 53

Multiple Choice

Empirical tests to date show ______________.

• A) that many investors have earned large rewards by market timing
• B) little evidence of market timing ability
• C) clear cut evidence of substantial market timing ability
• D) evidence that absolutely no market timing ability exists

---

Definitions:

Infant Mortality

The number of deaths of infants under one year old per 1,000 live births in a given region or period.

Lurking Variable

A hidden variable that is not directly observed but may influence the relationship between the independent and dependent variables in a study.

Health Care

The maintenance or improvement of health via the prevention, diagnosis, treatment, recovery, or cure of disease, illness, injury, and other physical and mental impairments in people.

Association

A relationship or connection between two variables, which may indicate that changes in one variable could relate to changes in another.