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Basic Question 4 of 5
Which statement is true regarding robo-advisers?
B. Most robo-advisers take an active investment approach because they can process big data in a timely manner.
C. A robo-adviser offers investment services for fees that are often less than what a human advisor would charge.
A. As no human advisors are involved, fully-automated robo-advisers are not regulated in the U.S.
B. Most robo-advisers take an active investment approach because they can process big data in a timely manner.
C. A robo-adviser offers investment services for fees that are often less than what a human advisor would charge.
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Learning Outcome Statements
describe applications of Big Data and Data Science to investment management
CFA® 2024 Level I Curriculum, Volume 1, Module 11.