Asked by Joycelyn Acheampong on May 31, 2024
Verified
Testing many different trading rules until you find one that would have worked in the past is called ________.
A) data mining
B) perceived patterning
C) pattern searching
D) behavioral analysis
Data Mining
The process of using statistical techniques to extract and identify patterns, relationships, or information from large datasets.
- Identify the importance and effect of technical and fundamental analysis on investment decision-making.
Verified Answer
AL
Alexis LedesmaMay 31, 2024
Final Answer :
A
Explanation :
Testing many different trading rules until you find one that would have worked in the past is called data mining. It involves manipulating historical data to find patterns and relationships that can be used to make investment decisions. However, data mining can lead to overfitting of data and does not guarantee future success.
Learning Objectives
- Identify the importance and effect of technical and fundamental analysis on investment decision-making.
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