Figure: Mutual Funds Refer to the Figure

question 99

Multiple Choice

Figure: Mutual Funds Refer to the figure. From this Mutual Funds figure (John Stossel dart-throwing experiment) we can say that:

• A) mutual funds typically outperform the S&P 500.
• B) mutual fund managers are no smarter than monkeys.
• C) knowledge of stock market behavior does not guarantee its predictability.
• D) mutual funds can never outperform the stock market.

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Definitions:

Batson V. Kentucky

A landmark Supreme Court case in 1986 that ruled the discriminatory exclusion of jurors based on race violates the Equal Protection Clause of the Fourteenth Amendment.

Unlawful Discrimination

Unfair treatment of individuals based on personal characteristics, in violation of legal standards.

Stereotypes

Oversimplified, widely held fixed ideas or perceptions about specific groups of people or things.

Sentencing

The judicial determination of the punishment to be imposed on a convicted individual, ranging from fines and community service to imprisonment.