If the market is strong-form efficient, which of the following statements is false?

	a.	Smaller firms tend to outperform larger firms on a risk-adjusted basis.
	b.	Security prices reflect all publicly available information.
	c.	An average mutual fund does not outperform the market as a whole.
	d.	Prices will fluctuate randomly around their true value.
	e.	Both technical analysis and fundamental analysis are economically worthless.