The marginal benefit of going to a movie during the week is currently $6 for you. Assume that the price of going to the movies, $4, measures its marginal cost. Following the economic decision rule, you will

Select the correct statement(s).
I). Market-neutral fund is a hedge fund classification.
II). One drawback of fund of funds investing is higher fees.

Using a few valuation models and a range of inputs, an analyst estimates a security's intrinsic value to be between $18 to $22. The security is trading at $21.5. The security appears to be:

Which of the following would not be an example that would require a nonparametric test?

Which is true of positively skewed distributions?
I). They have a limited, but frequent, upside.
II). Their downside is less frequent but more unlimited.
III). They are attractive to investors because their mean is larger than their median.