Which of the Following Observations Is True of Technical Analysis

question 109

Multiple Choice

Which of the following observations is true of technical analysis?

• A)This approach relies on economic fundamentals.
• B)The variables contained in the models of this approach typically include relative money supply growth rates,inflation rates,and interest rates.
• C)There is no theoretical rationale for the assumption of predictability underlying this approach.
• D)This approach has declined in importance over the last few years.

---

Definitions:

Data

Raw facts and figures that can be processed to generate meaningful information.

Transaction

Any business event that generates data worth capturing and storing in a database.

Knowledge

Information, understanding, and skills acquired through experience or education; the theoretical or practical understanding of a subject.

Wisdom

The quality of having experience, knowledge, and good judgment.