INVESTMENTS(LL)W/CONNECT
11th Edition
ISBN: 9781260433920
Author: Bodie
Publisher: McGraw-Hill Publishing Co.
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Question
Chapter 12, Problem 11PS
Summary Introduction
To determine:
Meaning of data mining and why technical analyst should refrain from engaging into it.
Introduction:
A technician or technical analyst in finance refers to the researcher that works over securities to conduct an investment analysis on the basis of past technical indicators and market prices. The technical analyst believes that the movement in price in the short term is all due to the forces of demand and supply in the market for a particular security.
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What is meant by data mining, and why must technical analysts be careful not to engage in it?
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Chapter 12 Solutions
INVESTMENTS(LL)W/CONNECT
Ch. 12 - Prob. 1PSCh. 12 - Prob. 2PSCh. 12 - Prob. 3PSCh. 12 - Prob. 4PSCh. 12 - Prob. 5PSCh. 12 - Prob. 6PSCh. 12 - Prob. 7PSCh. 12 - Prob. 8PSCh. 12 - Prob. 9PSCh. 12 - Prob. 10PS
Ch. 12 - Prob. 11PSCh. 12 - Prob. 12PSCh. 12 - Prob. 13PSCh. 12 - Prob. 14PSCh. 12 - Prob. 15PSCh. 12 - Prob. 16PSCh. 12 - Prob. 17PSCh. 12 - Prob. 18PSCh. 12 - Prob. 19PSCh. 12 - Prob. 20PSCh. 12 - Prob. 21PSCh. 12 - Prob. 22PSCh. 12 - Prob. 23PSCh. 12 - Prob. 24PSCh. 12 - Prob. 25PSCh. 12 - Prob. 1CPCh. 12 - Prob. 2CPCh. 12 - Prob. 3CPCh. 12 - Prob. 4CPCh. 12 - Prob. 5CP
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Similar questions
- How do fraud examiners approach data differently than auditors? Why is this significant?arrow_forwardWhy are external documents considered more reliable evidence than internal documents? What aspects of internal documents would help to increase their reliability?arrow_forwardSince information systems often involve advanced technologies that are beyond the knowledge level of typical users, should users play an active role in the SDLC? If so, how should they be involved? How can the accountant be involved?arrow_forward
- What are some risk management ideas, common reaction strategies, and IT system recovery issues?arrow_forwardData in a data warehouse are in a stable state. Explain how this can hamper data mining analysis. What can an organization do to alleviate this problem?arrow_forwardWhy is IT control and auditability so important in today's virtual environment?arrow_forward
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