Limit Orders in the Book Are Executed in Order of

question 66

Multiple Choice

Limit orders in the book are executed in order of

• A) price.
• B) size of order.
• C) last in - first out.
• D) time received.

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Definitions:

Alternative Hypotheses

The hypothesis that suggests there is a statistically significant effect or relationship between variables, opposite to the null hypothesis.

P-Value

A statistical measure that indicates the probability of observing the results of a study, or more extreme results, if the null hypothesis is true.

Conditional Probability

The probability of an event occurring given that another event has already occurred.

Null Hypothesis

A hypothesis that suggests there is no statistical significance between the two variables in the hypothesis; it's assumed to be true until evidence indicates otherwise.