Which of the following is not a rule used in the statistical analysis done using a normal distribution?

Two-thirds of the outcomes will lie above within one standard deviation of the mean
95% of the outcomes will lie within two standard deviations from the mean
Two-thirds of the outcomes will lie below within two standard deviations of the mean.
Two-thirds of the outcomes will lie either above or below within one standard deviation of the mean

Answer(s): C

Which of the following is a TRUE statement about the Stochastic Oscillator?

It examines the most recent closing price as a percentage of the price range over a window of time
It is not as sensitive to recent price action as other indicators like Rate of Change
It moves in the same direction as the Williams %R indicator
It works best in a trending market, when it confirms the direction of the primary trend.

Answer(s): A

Which is NOT true of the three advancing white soldiers' pattern?

Answer(s): D

What steps must analysts take in introducing new methods of technical analysis under the MTA Code of Ethics?

All new techniques must be fully documented even if proprietary methods must be disclosed to do so
New procedures must be documented as to procedure and rationale
New procedures must be supported by adequate back testing confirmed by at least technician
New methods need not be consistent with the accumulated knowledge of the field of technical analysis

Answer(s): B

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