Exhibit 20

question 56

Multiple Choice

Exhibit 20.4.Investment institutions usually have funds with different risk vs.reward prospectuses.A trading magazine wants to determine if the returns of high risk funds is greater than low risk funds.The magazine records the return of high and low risk funds for a sample of 22 institutions.For the Wilcoxon signed-rank test,where D = high risk return - low risk return,the value of the test statistic is . Refer to Exhibit 20.4.At the 10% significance level,the critical value is:

• A)1.645
• B)1.96
• C)2.33
• D)2.575

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Definitions:

Wholly Owned Subsidiary

A company whose entire stock is held by another company, making it completely controlled by the parent company.

Complete Ownership

Having full legal rights and control over a property or asset without any restrictions.

Licensing

The process of obtaining permission from a governmental or regulatory authority to conduct certain activities that are otherwise restricted.

Trademark

A recognizable sign, design, or expression which identifies products or services of a particular source from those of others, legally protected under intellectual property laws.