3. The annual rate of the return for ACH Corporation common stock has been: 1998 1999 2000 Return 14% 15% -10% What's the geometric mean of the rate of return for the common stock over the four years? A). B). E). 8.62 7.69 10.22 7.46 6.64 2001 14%

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3. The annual rate of the return for ACH Corporation common stock has been:
2000
-10%
1998
1999
Return
14%
15%
What's the geometric mean of the rate of return for the common stock over the four years?
A).
B).
C).
E).
8.62
7.69
10.22
7.46
6.64
2001
14%
4. The average household income in the City of Santa Rosa (CA) is reported to be $75,000 per year, but
the city finance manager believes that the average income is much higher due to the recent relocations of
several high-tech firms to the city from the Silicon Valley. The city then commissioned a study using
2,000 residents and found that the average income is $85,000 with a o = $10,000. Let a = 1%.
H₂: Mean = μ< $75,000
H₁: Mean = μ> $75,000
What's the critical Z-value for this test?
A). - 1.645
B). + 1.96
C). + 1.645
D). - 1.96
E). + 2.32
Transcribed Image Text:3. The annual rate of the return for ACH Corporation common stock has been: 2000 -10% 1998 1999 Return 14% 15% What's the geometric mean of the rate of return for the common stock over the four years? A). B). C). E). 8.62 7.69 10.22 7.46 6.64 2001 14% 4. The average household income in the City of Santa Rosa (CA) is reported to be $75,000 per year, but the city finance manager believes that the average income is much higher due to the recent relocations of several high-tech firms to the city from the Silicon Valley. The city then commissioned a study using 2,000 residents and found that the average income is $85,000 with a o = $10,000. Let a = 1%. H₂: Mean = μ< $75,000 H₁: Mean = μ> $75,000 What's the critical Z-value for this test? A). - 1.645 B). + 1.96 C). + 1.645 D). - 1.96 E). + 2.32
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