The Null Hypothesis for a One-Sample Runs Test Is __________________

question 23

Multiple Choice

The null hypothesis for a one-sample runs test is __________________.

• A)"the observations in the sample are randomly generated"
• B)"the observations in the sample are not correlated"
• C)"the observations in the sample are statistically independent"
• D)"the observations in the sample are cross-linked"
• E)"the observations are systematically generated"

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Definitions:

Preferred Stock

A category of corporate share that ranks above common stock in terms of asset and income claims, typically associated with predetermined dividend payments.

Par Value

The nominal value of a bond, stock, or coupon as stated in the financial instrument.

Shares

Ownership stakes in a company or financial asset that entail a proportional share in any distributed profits via dividends, should any be announced.

No-Par Common Stock

Common stock issued without a par value that has been assigned for its shares.