A runs test is often used to test the semi-strong form of market efficiency.

Name: A runs test is often used to test the semi-strong form of market efficiency.
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Quizplus · Accepted Answer

A runs test is typically used to analyze the randomness of data sequences, not to test the semi-strong form of market efficiency, which is usually tested through event studies or statistical analysis of price movements following public information releases.

A Runs Test Is Often Used to Test the Semi-Strong