Colonial Funds claims to have a bond fund which has maintained a mean share price of $12.00. They claim that the variance of the share price is 0.14 To test this claim, the investor randomly selects 28 days during the last year. He finds an average share price of $11.80 with a standard deviation of 0.178 Can the investor conclude that the share price of the bond fund varies by less than Colonial Funds claims at α=0.05? Step 2 of 5: Determine the critical value(s) of the test statistic. If the test is two-tailed, separate the values with a comma. Round your answer to three decimal places.
Colonial Funds claims to have a bond fund which has maintained a mean share price of $12.00. They claim that the variance of the share price is 0.14 To test this claim, the investor randomly selects 28 days during the last year. He finds an average share price of $11.80 with a standard deviation of 0.178 Can the investor conclude that the share price of the bond fund varies by less than Colonial Funds claims at α=0.05? Step 2 of 5: Determine the critical value(s) of the test statistic. If the test is two-tailed, separate the values with a comma. Round your answer to three decimal places.
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 $12.00. They claim that the variance of the share price is 0.14 To test this claim, the investor randomly selects 28 days during the last year. He finds an average share price of $11.80 with a standard deviation of 0.178 Can the investor conclude that the share price of the bond fund varies by less than Colonial Funds claims at α=0.05?
Step 2 of 5:
Determine the critical value(s) of the test statistic. If the test is two-tailed, separate the values with a comma. Round your answer to three decimal places.
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