A "Runs Test" on Successive Stock Price Changes Which Supports

question 9

Multiple Choice

A "runs test" on successive stock price changes which supports the efficient market hypothesis would show the actual number of runs

• A) falls into the range expected of a random series.
• B) falls into the range expected of a dependent series.
• C) is small.
• D) is large.
• E) would approximate N/2.

---

Definitions:

Secure, Dismissing, And Preoccupied

Terms used in attachment theory to describe different patterns of attachment in adults: secure (comfortable with intimacy), dismissing (avoidant of closeness), and preoccupied (anxious about relationships).

Self-Evaluation Maintenance (SEM) Theory

A psychological theory explaining how individuals maintain or enhance their self-esteem through comparison with others, especially within close relationships.

Newcomb (1960)

Refers to Theodore Newcomb's study on balance theory and the psychology of interpersonal relations, particularly focusing on how people adjust their attitudes to maintain consistency in their social networks.

Group Formation Process

The series of phases or steps through which a group goes in coming together and developing as a cohesive unit.