The Party Who Serves as a Dealer for a Few

question 106

Multiple Choice

The party who serves as a dealer for a few securities on an exchange floor and is obligated to maintain an orderly market for those securities is called a:

• A)floor trader.
• B)designated market maker.
• C)floor broker.
• D)member.
• E)house broker.

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Definitions:

Margin of Error

An expression of the amount of random sampling error in a survey's results, which describes the range in which the true population parameter is expected to lie.

Cholesterol

A type of fat found in the blood, essential for the body's functioning but high levels of which can lead to cardiovascular diseases.

Margin of Error

The amount of error allowed in the results of a statistical survey, expressed as a percentage and indicating the confidence in the results.

Mean Weight

The average mass of objects or individuals, calculated by summing their weights and dividing by the number of objects or individuals.