determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 4.08%. Is there sufficient evidence to conclude that the fund has moderate risk at the a= 0.05 level of significance? A normal probability plot indicates that the monthly rates of return are normally distributed. Click the icon to view the table of critical values of the chi-square distribution. What are the correct hypotheses for this test? The null hypothesis is Ho: The alternative hypothesis is H₁: ▼ ▼ ▼ Calculate the value of the test statistic. x=(Round to two decimal places as needed.) Identify the critical value(s) for this test. Since the test statistic is moderate risk. (Round to two decimal places as needed. Use a comma to separate answers as needed.) What is the correct conclusion at the x = 0.05 level of significance? than the critical value, the null hypothesis. There sufficient evidence at the x = 0.05 level of significance to conclude that the fund has

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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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 28 months and
determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 4.08%. Is there sufficient evidence to conclude that the fund has moderate risk at the
α = 0.05 level of significance? A normal probability plot indicates that the monthly rates of return are normally distributed.
Click the icon to view the table of critical values of the chi-square distribution.
What are the correct hypotheses for this test?
The null hypothesis is Ho: ▼ ▼
The alternative hypothesis is H₁: ▼
▼
▼
Calculate the value of the test statistic.
x=(Round to two decimal places as needed.)
Identify the critical value(s) for this test.
Since the test statistic is
moderate risk.
(Round to two decimal places as needed. Use a comma to separate answers as needed.)
What is the correct conclusion at the α = 0.05 level of significance?
than the critical value,
C
...
the null hypothesis. There
sufficient evidence at the x = 0.05 level of significance to conclude that the fund has
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 28 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 4.08%. Is there sufficient evidence to conclude that the fund has moderate risk at the α = 0.05 level of significance? A normal probability plot indicates that the monthly rates of return are normally distributed. Click the icon to view the table of critical values of the chi-square distribution. What are the correct hypotheses for this test? The null hypothesis is Ho: ▼ ▼ The alternative hypothesis is H₁: ▼ ▼ ▼ Calculate the value of the test statistic. x=(Round to two decimal places as needed.) Identify the critical value(s) for this test. Since the test statistic is moderate risk. (Round to two decimal places as needed. Use a comma to separate answers as needed.) What is the correct conclusion at the α = 0.05 level of significance? than the critical value, C ... the null hypothesis. There sufficient evidence at the x = 0.05 level of significance to conclude that the fund has
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