The ValueatRisk statistic for an investment portfolio states

The Value-at-Risk statistic for an investment portfolio states

Select one:

a. The largest investment loss expected with a specified probability.

b. The probability of an investment loss.

c. The value of the risky portion of an investment portfolio.

d. The smallest investment loss expected with a specified probability.

Answer

Option b. The probability of an investment loss

Explanation

The Value-at-Risk statistic for an investment portfolio states the probability of an investment loss exceeding a certain percentage