The Elements in the Off-Diagonal Positions of the Variance/covariance Matrix

question 124

Multiple Choice

The elements in the off-diagonal positions of the variance/covariance matrix are:

• A)covariances.
• B)security selections.
• C)variances.
• D)security weights.
• E)None of the above.

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Definitions:

Top Quintile

The highest fifth of a population in income or wealth distribution, representing those with the greatest share of income or wealth.

Income

Money received, especially on a regular basis, for work, through investments, or from business activities, used to fund day-to-day expenditures or save for the future.

Bottom Quintile

The lowest fifth or 20% segment of the population in a statistical distribution, often used in reference to income levels.

Income

Earnings received by an individual or business for their labor, investments, or through the sale of goods or services.