John Scored 85 on Prof

question 94

Multiple Choice

John scored 85 on Prof.Hardtack's exam (Q1 = 40 and Q3 = 60) .Based on the fences,which is correct?

• A)John is an extreme outlier.
• B)John is an outlier.
• C)John is not an outlier.
• D)John is in the 85th percentile.

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Definitions:

CFA Institute Standards

Ethical and professional guidelines set forth by the CFA Institute to ensure integrity in financial analysis and investment professions.

SIPC

Securities Investor Protection Corporation, an organization that protects investors from the loss of cash and securities in case a brokerage firm goes bankrupt.

Securities Exchange Act

A U.S. federal law enacted in 1934 that regulates the securities industry, including the secondary trading of securities, to protect investors against malpractices.

NYSE Arca System

An electronic securities exchange in the U.S. for exchange-traded products, including ETFs and equity options.