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Helga [31]
3 years ago
5

Which of the following characteristics means that information is reasonably free from error and bias?

Business
1 answer:
Mashcka [7]3 years ago
7 0

Answer:A Faithful representation

Explanation:

This means the information is a true representation of the data.

Relevance means some part of the information is related to the data meaning it is not a total reflection, being consistent is referring to the previous information on the data meaning its not totally realiable in relation to the present data and the previous information it is constitent with may be wrong. Predictive value is based on probabity, which does not give an absolute guarantee.

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Answer:

The correct answer is letter "C": Every January, the stock market earns above-normal returns.

Explanation:

Inside the Efficient Market Hypothesis or EMH, we can find the term "weak from efficiency" that states past price action do not influence the current stock price or it is not useful in order to predict future price movements. According to the same concept, the use of technical analysis or the suggestions of financial advisers is useless.

In that sense, option letter "C" indicates that <em>every January the stock market earns an above-normal return</em>, which clearly reflects that there is a repeated pattern in the stocks affecting their price during that specific month, something impossible to take place according to what "weak from efficiency" establishes.

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Answer:

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