Which One of the Following Statements Is NOT True

question 17

Multiple Choice

Which one of the following statements is NOT true?

• A) Weak-form market efficiency implies that investors who have access to inside or private information will be able to earn abnormal returns.
• B) Semi-strong form market efficiency implies that investors who have access to inside or private information will be able to earn abnormal returns.
• C) Strong-form market efficiency implies that investors who have access to inside or private information will be able to earn abnormal returns.
• D) None of the above.

---

Definitions:

Researcher

An individual who conducts rigorous investigations to discover or interpret new knowledge in a specific field.

Test-Retest Reliability

A measure of consistency where a test is repeated on the same subjects at different times to assess the similarity of outcomes.

Measure

A tool or method used to determine the quantity, degree, or capacity of an attribute or phenomenon.

Descriptive Statistics

Statistical methods that summarize and organize the characteristics of a set of data, using measures such as mean, median, mode, and standard deviation.