26、The manager of a pension fund determined that during the past five years 85% of the stocks in the portfolio have paid a dividend and 40% of the stocks have announced a stock split. If 95% of the stocks have paid a dividend and/or announced a stock split, the joint probability of a stock paying a dividend and announcing a stock split is closest to: Select exactly 1 answer(s) from the following:
A. 10%. B. 30%. C. 45%. D. 55%.
27、Which of the following statements about a normal distribution is least accurate? A normal distribution: Select exactly 1 answer(s) from the following:
A. has a skewness of zero. B. has an excess kurtosis of 3. C. is completely described by two parameters. D. can be the linear combination of two or more normal random variables.
28、A portfolio manager gathered the following information about four possible asset allocations: Allocation | Expected annual return | Standard deviation of return | A | 13% | 6% | B | 25% | 14% | C | 18% | 17% | D | 32% | 20% |
The manager's client has stated that her minimum acceptable return is 8%. Based on Roy's safety-first criterion, the most appropriate allocation is: Select exactly 1 answer(s) from the following:
A. AllocationA. B. AllocationB. C. AllocationC. D. AllocationD.
29、An analyst gathered the following information: Sample mean | 12% | Sample size | 50 | Sample variance | 32 |
The standard error of the sample mean is closest to: Select exactly 1 answer(s) from the following:
A. 0.47%. B. 0.64%. C. 0.80%. D. 2.67%.
30、Compared to the normal distribution, the Student's t-distribution most likely: Select exactly 1 answer(s) from the following:
A. has fatter tails. B. is more peeked. C. exhibits skewness. D. has greater degrees of freedom. | 
发表于 2008-11-6 14:10
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