Which of the Following Is an Example of a Variable-Ratio

question 258

Multiple Choice

Which of the following is an example of a variable-ratio schedule?

• A) In golf, you manage to sink a ball, on average, every 5 minutes.
• B) In golf, you manage to sink a ball exactly every 2 minutes.
• C) In golf, you manage to sink a ball, on average, every 4?? shot.
• D) In golf, you manage to sink a ball exactly every 3?? shot.

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Definitions:

Expected Market Return

The average return anticipated from an investment in a broad market index over a certain period.

Expected Return

The anticipated return on an investment based on the probabilities of possible outcomes.

Risk-Free Rate

The expected earnings from an investment that carries no risk of losing money, typically exemplified by the return on government bonds.

Expected Return

The anticipated value or return that an investor predicts to receive from an investment over a period of time.