Question
Analysts often cite mean reversion as the reason why they will sometimes adjust a beta factor. If an analyst observed a statistically significant beta of
Analysts often cite mean reversion as the reason why they will sometimes adjust a beta factor. If an analyst observed a statistically significant beta of 1.71, what would be the adjusted beta? State your answer in two decimal places.
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
