The Table Below Gives the Deviations of a Portfolio's Annual

question 118

Multiple Choice

The table below gives the deviations of a portfolio's annual total returns from its benchmark's annual returns,for a 6-year period ending in 2011. The arithmetic mean return and median return are closest to:

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Inverse Supply

The inverse supply curve represents the relationship between the price of a good and the quantity supplied, plotted with price on the vertical axis and quantity on the horizontal.

Inverse Demand Function

A mathematical function that expresses the price of a good as a function of the quantity demanded.

Inverse Supply

A concept that illustrates how the quantity of goods supplied by producers decreases as the price decreases, typically represented by an upward sloping curve in economics.

Tax

A compulsory financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.