The Likelihood of an Investment Newsletter's Successfully Predicting the Direction

question 9

Multiple Choice

The likelihood of an investment newsletter's successfully predicting the direction of the market for three consecutive years by chance should be

• A) between 50% and 70%.
• B) between 25% and 50%.
• C) between 10% and 25%.
• D) less than 10%.
• E) greater than 70%.

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Definitions:

For Loop

A control flow statement that repeats a block of code a certain number of times, based on a given condition.

Executes

Refers to the process where a computer or program carries out the instructions in a command or script.

Do...while Loop

The do...while loop is a control flow statement that executes a block of code at least once before checking the condition at the end of the block to decide whether to continue executing.