Of the Following Statements About a Day Trader, Which Is

question 13

Multiple Choice

Of the following statements about a day trader, which is not correct?

• A) They have a short-term focus.
• B) They may buy and sell on the same day.
• C) They are more risk averse than most investors.
• D) Day trading may be their career.

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Definitions:

Null Hypothesis

A statement in statistics that proposes there is no significant difference or effect, and any observed difference is due to sampling or experimental error.

Hypothesis Testing

A statistical method used to determine whether there is enough evidence in a sample of data to infer that a certain condition holds for the entire population.

Null Hypothesis

A hypothesis in statistical analysis that suggests no significant effect or relationship between variables, serving as the default position until evidence suggests otherwise.