Anomalies Related to the Semi-Strong Form of the Efficient Market

question 74

Multiple Choice

Anomalies related to the semi-strong form of the efficient market hypothesis indicate

• A)The market is truly efficient
• B)High returns are very difficult to achieve
• C)The market is less than perfectly efficient
• D)Public information is almost useless

---

Definitions:

Church Attendance

The frequency with which individuals or a demographic group attends church services.

SAT Scores

Scores obtained on the SAT, a standardized test widely used for college admissions in the United States, measuring proficiency in math, evidence-based reading, and writing.

Last Month

A reference to the calendar month immediately preceding the current one.

Times A Day

A frequency measure indicating the number of times an event occurs within a single day.