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In an investigation to examine the effects of using charts of past trends to pro

ID: 3257019 • Letter: I

Question

In an investigation to examine the effects of using charts of past trends to produce future prices, six business students are selected. They are to trade a foreign currency at computer screens with the goal of making as much money as possible. Although all students have access to price history of the foreign currency, only some have software available that helps to highlight trends. Three students have access to this software while the other three do not. The names of the six subjects follow.

1. Sherer    4. Disbro

2. Cressie   5. Minor

3. Delp       6. Walsh

1. Using the list of random digits, 56027, 55892, 33063, 41842, 81868, 71035, 09001, 43367, 49497

start at the beginning of this list and use single-digit labels to assign the first three subjects selected to have the software available, and the remaining three to not have the software. The subjects assigned the software are:

A) Sherer, Cressie, and Delp

B) Cressie, Delp, and Walsh

C) Walsh, Minor, and Cressie

D) Disbro, Sherer, and Minor

2. The response is:

A) the software package

B) the business students

C) the amount of money made

D) the past trends detected


Explanation / Answer

Answer:

In an investigation to examine the effects of using charts of past trends to produce future prices, six business students are selected. They are to trade a foreign currency at computer screens with the goal of making as much money as possible. Although all students have access to price history of the foreign currency, only some have software available that helps to highlight trends. Three students have access to this software while the other three do not. The names of the six subjects follow.

1. Sherer    4. Disbro

2. Cressie   5. Minor

3. Delp       6. Walsh

1. Using the list of random digits, 56027, 55892, 33063, 41842, 81868, 71035, 09001, 43367, 49497

start at the beginning of this list and use single-digit labels to assign the first three subjects selected to have the software available, and the remaining three to not have the software. The subjects assigned the software are:

A) Sherer, Cressie, and Delp

B) Cressie, Delp, and Walsh

Answer: C) Walsh, Minor, and Cressie

D) Disbro, Sherer, and Minor

( serial number selected are 5,6,2)

2. The response is:

A) the software package

B) the business students

Answer: C) the amount of money made

D) the past trends detected

(the goal is making as much money as possible).

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