Over the past 50 years,which day of the week,on average,has the lowest average rate of return?
A)Monday
B)Tuesday
C)Wednesday
D)Thursday
E)Friday

Question

Quizplus · Accepted Answer

This answer is based on the concept of the "Monday Effect," which is the tendency for financial markets to perform worse on Mondays than other weekdays. Studies have shown that this effect has persisted over the past 50 years, with Monday showing the lowest average rate of return compared to other weekdays.

Over the Past 50 Years,which Day of the Week,on Average,has