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Tanya is a therapist who sells subliminal message tapes to help people stop smoking.She designs a study where one group gets the subliminal messages on their tapes and the other group does not.She finds that both groups had about an equal success rate in quitting smoking after treatment.Which of the following explains her results?
Bid-ask Spread
The difference between the highest price that buyers are willing to pay for an asset (bid) and the lowest price that sellers are willing to accept (ask).
Broker Fee
Fees charged by a broker for the services they provide, such as executing trades or providing investment advice.
NAV
Net Asset Value; the per share market value of a fund's assets minus its liabilities.
Equity Funds
Investment funds that predominantly hold stocks or equities in their portfolios.
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