SEM can be thought of as a combination of Discriminant analysis and cluster analysis

Indicate whether the statement is true or false

FALSE

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Each outcome of flipping a fair coin is completely independent of the previous flip. This outcome is known as:

A) simulation. B) Monte Carlo. C) 50/50. D) memoryless. c

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Advantages of investing in mutual funds include all of the following except

A) diversification of your investment. B) professional management. C) meeting specific investment goals. D) there is virtually no risk of loss.

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