According to a Survey of 176 Retailers, 41% of Them

question 32

Multiple Choice

According to a survey of 176 retailers, 41% of them use electronic tags as protection against shoplifting and employee theft. If one of these retailers is selected at random, what is the probability that he or she uses electronic tags as anti-theft devices?

• A) The probability is 0.40
• B) The probability is 0.42
• C) The probability is 0.41
• D) The probability is 0.43

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Definitions:

Investment Opportunity Set

The range of possible investment options available to an investor, based on their risk tolerance and investment objectives.

Efficient Frontier

A graph representing the set of portfolios that provides the highest expected return for a defined level of risk or the lowest risk for a given level of expected return.

Capital Market Line

A line that depicts the risk-reward profile of investable assets, showing the rate of return for varying levels of risk, based on the market risk premium and the risk-free rate.

Minimum-Variance Point

The point on a portfolio's efficient frontier at which the portfolio has the lowest level of volatility or risk for its level of expected return.