The properties of a multinomial experiment include all of the following EXCEPT _____.
a. the experiment consists of a sequence of n identical trials
b. three or more outcomes are possible on each trial
c. the probability of each outcome can change from trial to trial
d. the trials are independent
Q. 2An investor can pick the mean-variance tradeoff that he or she is most comfortable with by looking at a graph of the
a. feasible region.
b. pooled components.
c. rolling horizon.
d. efficient frontier.
Q. 3The test for goodness of fit, test of independence, and test of multiple proportions are designed for use with _____.
a. categorical data
b. bivariate data
c. quantitative data
d. ordinal data
Q. 4The measure of risk most often associated with the Markowitz portfolio model is the
a. portfolio average return.
b. portfolio minimum return.
c. portfolio variance.
d. portfolio standard deviation.
Q. 5The number of categories of outcomes per trial for a multinomial probability distribution is _____.
a. two or more
b. three or more
c. four or more
d. five or more
Q. 6Which of the following is incorrect?
a. A global optimum is a local optimum in a nonlinear optimization problem.
b. A local maximum is a global maximum in a concave nonlinear optimization problem.
c. A global minimum is a local minimum in a convex nonlinear optimization problem.
d. A local optimum is a global optimum in a nonlinear optimization problem.
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