The Table Below Gives the Deviations of a Portfolio's Annual

question 16

Multiple Choice

The table below gives the deviations of a portfolio's annual total returns from its benchmark's annual returns,for a 6-year period ending in 2011. The arithmetic mean return and median return are the closest to _______.

• A) mean = -2.00% and median = -4.28%.
• B) mean = -2.00% and median = -1.67%.
• C) mean = -1.67% and median = -0.56%.
• D) mean = -1.67% and median = 0.56%

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Definitions:

Workforce Reduction

The process of decreasing a company's employee numbers as part of a strategy to cut costs, improve efficiency, or adjust to market demands.

Distributive Justice

The perceived fairness of how resources and rewards are distributed within a society or organization.

Downsized

Having undergone a process where a company reduces its workforce to lower costs and improve efficiency, often resulting in layoffs.

Legal Equality

The principle that all individuals are equal before the law and have the same rights and obligations regardless of other personal traits.