The Primary Purpose of the NYSE Circuit Breakers Is To

question 73

Multiple Choice

The primary purpose of the NYSE circuit breakers is to:

• A)halt short selling.
• B)encourage program trading.
• C)limit trading by specialists.
• D)minimize institutional trading.
• E)slow a market decline.

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Definitions:

Distribution-Free

Refers to statistical methods or tests that do not assume a specific distribution for the underlying population data.

Wilcoxon Rank Sum

A nonparametric statistical hypothesis test used to compare two independent samples to determine if they come from the same distribution.

Approximate Distribution

A statistical term referring to the distribution that is assumed for a dataset based on certain approximations or assumptions.

Sign Test

A non-parametric test used to determine if there is a median difference between paired observations.