Is the tracking error computed in part (a) a backward-looking or forward-looking tracking error?
What will be an ideal response?
The tracking error computed in part (a) is backward-looking because it is calculated based on the actual active returns observed for a portfolio is prior periods. Calculations computed for a portfolio based on a portfolio's actual active returns reflect the portfolio manager's decisions during the observation period with respect to the factors that affect tracking error.
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In some countries, writers use a __________ to indicate a decimal point
a. dash b. comma c. hyphen d. colon
Schemas help people do all of the following EXCEPT ________
A) make sense of the confusing array of sensory input B) minimize stereotypes and discrimination C) choose what information to heed or to ignore D) manage ambiguous information