Multiple Choice
Tests of the CAPM that use regression techniques are subject to inaccuracies because
A) the statistical results used are almost always incorrect.
B) the slope coefficient of the regression equation is biased downward.
C) the slope coefficient of the regression equation is biased upward.
D) the intercept of the regression equation is biased downward.
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Which of the following would be required
Q21: Consider the regression equation: r<sub>i</sub> - r<sub>f</sub>
Q22: In the 1972 empirical study by Black,
Q23: Which of the following statements is false
Q24: Consider the regression equation: r<sub>i</sub> - r<sub>f</sub>
Q26: An extension of the Fama-French three-factor model
Q27: In the empirical study of a multifactor
Q28: Given the results of the early studies
Q29: The Fama-French model I) is a useful
Q30: Consider the regression equation: r<sub>i</sub> - r<sub>f</sub>