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The sequence of daily market prices of the shares of Z Ltd is given below:205, 201, 202, 204, 203, 210, 215, 213, 211, 209, 206, 208, 210, 212, 215, 217, 215, 213, 211, 212, 214, 217, 219, 220, 218, 216, 214, 212, 214, 215, 212, 210, 215, 217, 218, 220, 218, 216, 215, 212, 216, 218, 220, 224, 225,222.You are required to answer the following:-i. What inference will you draw about the market efficiency from the above data? Draw your inference at a level of confidence of 95%. (The area under normal curve between z=0 and z=1.96 is 0.475)ii. Is technical analysis useful in this case?iii. What will be your prediction about the future movement of the price of this share? iv. What will you do if you want to trade in this share based on your prediction? Why?​

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