al Funds claims to have a bond fund which has maintained a mean share price of $9.00. They claim that the variance of the s o test this claim, the investor randomly selects 12 days during the last year. He finds an average share price of $8.80 with a s on of 0.3446. Can the investor conclude that the share price of the bond fund varies by less than Colonial Funds claims at a 4 of 5: What is the conclusion?
al Funds claims to have a bond fund which has maintained a mean share price of $9.00. They claim that the variance of the s o test this claim, the investor randomly selects 12 days during the last year. He finds an average share price of $8.80 with a s on of 0.3446. Can the investor conclude that the share price of the bond fund varies by less than Colonial Funds claims at a 4 of 5: What is the conclusion?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![Colonial Funds claims to have a bond fund which has maintained a mean share price of $9.00. They claim that the variance of the share price is
0.16. To test this claim, the investor randomly selects 12 days during the last year. He finds an average share price of $8.80 with a standard
deviation of 0.3446. Can the investor conclude that the share price of the bond fund varies by less than Colonial Funds claims at a = 0.025?
4
Step 5 of 5: What is the conclusion?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdbed7f96-de73-44e2-9417-90c498b3ebf6%2F4598fbab-ea2e-4f68-bd47-eb8e02d856f3%2Fr8io64s_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Colonial Funds claims to have a bond fund which has maintained a mean share price of $9.00. They claim that the variance of the share price is
0.16. To test this claim, the investor randomly selects 12 days during the last year. He finds an average share price of $8.80 with a standard
deviation of 0.3446. Can the investor conclude that the share price of the bond fund varies by less than Colonial Funds claims at a = 0.025?
4
Step 5 of 5: What is the conclusion?
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