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Charles Clayton Monitors the Daily Performance of His Investment Portfolio

Question 11

Multiple Choice

Charles Clayton monitors the daily performance of his investment portfolio by recording a "+" or a "-" sign to indicate whether the portfolio's value increased or decreased from the previous day.His record for the last eighteen business days is "- + + - - - + - - + + + + + + + + -".The number of runs in this sample is _________.


A) seven
B) six
C) four
D) three
E) one

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