If You Were Asked to Forecast the Future Spot Rate

question 13

Multiple Choice

If you were asked to forecast the future spot rate of a currency,how much of the probability distribution of the rate is between plus or minus 2 standard deviations?

• A) 12.55%
• B) 24.55%
• C) 62.87%
• D) 95.44%

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Definitions:

Performance Appraisal

The formal assessment of an individual employee's job performance and productivity, usually involving feedback and documentation.

360-Degree Feedback

A performance appraisal system where employees receive confidential, anonymous feedback from the people who work around them.

Subordinates

Employees or team members who work under the guidance or supervision of a manager or superior in the organizational hierarchy.

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Individuals or organizations that purchase goods or services from a business.