Complex statistical and mathematical theory is an approach, which is classified as

Complex statistical and mathematical theory is an approach, which is classified as Correct Answer arbitrage pricing theory

Complex statistical and mathematical theory is an approach, which is classified as arbitrage pricing theory. Arbitrage pricing theory (APT) is a multi-factor asset pricing model based on the idea that an asset's returns can be predicted using the linear relationship between the asset’s expected return and a number of macroeconomic variables that capture systematic risk.
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