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To Date, the Results of Empirical Tests of the Arbitrage

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To date, the results of empirical tests of the Arbitrage Pricing Model have been


Definitions:

Categorical Data Set

This type of data set involves values that are grouped into categories rather than being numerically valued.

Bar Chart

A graphical representation of data using bars of varying lengths to show the values of different categories or groups.

Continuous Quantitative Variable

A variable that can take an infinite number of values within a given range, representing measurable quantities.

Interval of Values

A range of values within which a specified parameter falls, often used in statistics to describe confidence intervals.

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