Price Movements Are Random When They Are Equally Likely to Rise

question 24

True/False

Price movements are random when they are equally likely to rise as to fall.

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Definitions:

Geometric Sequence

A sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.

Geometric Sequence

An ordered list of numbers in which every term succeeding the initial one is obtained by multiplying the preceding term by a constant, non-zero value known as the ratio.

Nth Term

The term located at position n in a sequence, where n represents a particular position number.

Formula

A formula is a mathematical equation or rule expressed in symbols.