If the Stock Market Is Efficient,then Investors Do Not Need

question 75

True/False

If the stock market is efficient,then investors do not need to read the Wall Street Journal or research companies before they select which stocks to buy because market prices already reflect all publicly available information.

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Definitions:

Construct Validity

Construct validity is demonstrated when the measures of one concept or construct agree with the measures of other related concepts.

"Real-World" Outcomes

describe the actual results or impacts of interventions, policies, or research findings in natural, uncontrolled environments.

Reliability

The consistency of a measurement, test, or research findings across different occasions and contexts.

Validity

The extent to which a test, measurement, or research study accurately reflects or assesses the concept it is intended to measure.