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Part 1 Attempt 1/5 for 10 pts. Which of the following statements is true about weak-form tests? Weak-form tests examine the effects of public events

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Part 1 Attempt 1/5 for 10 pts. Which of the following statements is true about weak-form tests? Weak-form tests examine the effects of public events on the company's stock price. The small-firm effect is a market anomaly found in weak-form tests. They are often based on tests of serial correlation of stock market returns. Weak-form tests are tests of the efficacy of fundamental analysis. They are usually based on the stock's P/E ratio or its market capitalization. Submit

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