1) An actively traded stock is selected at random and its daily price movement relative to the market index is examined. Which of the following 3 sequences is most likely to have occurred over the past 6 trading days where a plus sign denotes stock price changes greater than the market, and a negative sign, price change less than the market?

Sequence Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 (a) + - + + (b) - + + + (c) + + - +