Which of the Following Orders to Buy or Sell Is

question 83

Multiple Choice

Which of the following orders to buy or sell is an odd lot?

• A)1000 shares at $10
• B)$3780 worth of shares at $20
• C)$8600 worth of shares at $4.30
• D)500 shares at $22.50

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Definitions:

COV(X,Y)

A measure of the degree to which two variables X and Y move together, indicating the strength and direction of their linear relationship.

Marginal Probability

The probability of an occurrence of a single event without consideration of any other events.

Coefficient of Correlation

A quantitative gauge assessing the force and trajectory of a linear linkage between a pair of elements.

Covariance

A measure that indicates the degree to which two variables change together, showing if increases in one variable tend to be associated with increases or decreases in the other.