Because Stocks Must Be Traded in Round Lots,or Multiples of 100

question 68

True/False

Because stocks must be traded in round lots,or multiples of 100 shares,on the organized exchanges,individual investors can only trade in multiples of 100 shares at a time.

Comprehend the structure and utility of decision tables in organizing and analyzing decision alternatives.

Understand the definition and elements of a decision tree, including its branches, nodes, and the representation of choices and outcomes.

Define and understand the role of states of nature in decision-making processes.

Calculate expected monetary value (EMV) for different decision alternatives and choose the optimal outcome.

---

Definitions:

Dimensional-analysis

A method in physics and engineering to check or determine the relationship between different kinds of physical quantities by identifying their dimensions of measurements.

Circuits

Electrical pathways through which electric current flows.

Mile

A unit of distance equal to 5,280 feet or approximately 1,609 meters.

Dimensional Analysis

A mathematical technique used to convert units of measurement.