Market Efficiency question

CFA Level I Equities
#1

Hello,

Can anyone help me with the below 2 questions from reading 48 , the reading didn’t mention anything about inefficient but the answers for both questions has ineffecient, if anyone can help me I would appreciat it.

15- Technical analysts assume that markets are

A – weak-form efficient.

B- weak-form inefficient.

C - semi-strong-form efficient.

Answer is B

16- Fundamental analysts assume that markets are:

A – weak-form inefficient.

B- semi-strong-form efficient

C - semi-strong-form inefficient

Answer C

#2

I’d interpret the term “weak-form inefficient” as meaning the market is NOT “weak form efficient”. Likewise for “semi-strong form inefficient”

#3

The answer choices are poorly written. I’d interpret them as busprof does, but they’re still poorly written.