According to Figure 11

question 20

Multiple Choice

According to Figure 11.15b,which of the following statements is correct?

• A) There are coastal marine ecosystems and estuaries along the North America Atlantic coastline and throughout the Gulf of Mexico where oxygen levels are too low to fully support animal life
• B) Throughout Europe there are estuaries or coastal marine ecosystems that have been polluted by nutrients
• C) There are no coastal marine ecosystems or estuaries along the Atlantic coastline of South America where oxygen levels are too low to fully support animal life
• D) With the exception of Antarctica, every single continent has polluted estuaries or coastal marine ecosystems with nutrient pollution

---

Definitions:

Regression Analysis

A statistical method used for estimating the relationships among variables, often used to predict the value of a dependent variable based on one or more independent variables.

Benchmark Risk

The risk associated with not being able to meet or exceed the performance of a benchmark index or standard.

Treynor-Black Portfolio

A portfolio optimization model that blends a passive (market index) portfolio and an actively managed portfolio to achieve superior returns.

Sharpe Measure

A ratio used to evaluate the risk-adjusted return of an investment portfolio, by comparing its excess returns to the volatility of those returns.