Question: A higher than average return today is likely to be followed by a lower-than average return in the future when the: serial correlation coefficient is
A higher than average return today is likely to be followed by a lower-than average return in the future when the:
| serial correlation coefficient is equal to 0 | ||
| serial correlation coefficient is greater than 1 | ||
| serial correlation coefficient is positive | ||
| serial correlation coefficient is negative |
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