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The More Narrowly-Defined a Mutual Fund's Objective,the Greater Its Risk,all

question 56

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The more narrowly-defined a mutual fund's objective,the greater its risk,all other things considered.


Definitions:

Wechsler Adult Intelligence Scale

A widely used test designed to measure a person's cognitive ability or intelligence.

Otis-Lennon School Ability

A standardized test designed to assess the school abilities of students, measuring verbal, quantitative, and spatial reasoning abilities.

Terman-Stanford-Binet Intelligence Scale

An individually administered intelligence test that was revised from the original Binet-Simon Scale by Lewis Madison Terman and others at Stanford University, used to assess human intelligence.

Intelligence Quotient

A numerical measure of a person's cognitive abilities relative to others, typically determined through standardized tests.

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