MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less
than 6%. A mutual-fund rating agency randomly selects 23 months and determines the rate of return for a certain
fund. The standard deviation of the rate of return is computed to be 5.37%. Is there sufficient evidence to conclude
that the fund has moderate risk at the a= 0.10 level of significance? A normal probability plot indicates that the
monthly rates of return are normally distributed.
What are the correct hypotheses for this test?
The null hypothesis is H₂: O
= 0.06
The alternative hypothesis is H₁: 0 <<0.06.
Calculate the value of the test statistic.
%= (Round to two decimal places as needed.)
an example Get more help.
O
wwwww
DELL
***
Clear all
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Transcribed Image Text:Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 6%. A mutual-fund rating agency randomly selects 23 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 5.37%. Is there sufficient evidence to conclude that the fund has moderate risk at the a= 0.10 level of significance? A normal probability plot indicates that the monthly rates of return are normally distributed. What are the correct hypotheses for this test? The null hypothesis is H₂: O = 0.06 The alternative hypothesis is H₁: 0 <<0.06. Calculate the value of the test statistic. %= (Round to two decimal places as needed.) an example Get more help. O wwwww DELL *** Clear all
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