Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is lessthan 6%. A mutual-fund rating agency randomly selects 23 months and determines the rate of return for a certainfund. The standard deviation of the rate of return is computed to be 5.37%. Is there sufficient evidence to concludethat the fund has moderate risk at the a= 0.10 level of significance? A normal probability plot indicates that themonthly rates of return are normally distributed.What are the correct hypotheses for this test?The null hypothesis is H₂: O= 0.06The 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.OwwwwwDELL***Clear all

The sample size is 23, sample standard deviation is 5.37% and population standard deviation is 6%.The value of the test statistic is, χ2=n-1s2σ2=23-10.053720.062=0.063441180.0036=17.62255≈17.62 Thus, the value of the test statistic is 17.62.

Answered: Suppose a mutual fund qualifies as…

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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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 26 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 4.05%. Is there sufficient evidence to conclude that the fund has moderate risk at the α=0.10 level of significance? A normal probability plot indicates that the monthly rates of return are normally distributed. null and alternative hyponese___ test statistic____ pvalue____
Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 3%, A mutual-fund rating agency randomly selects 21 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 2.63%, 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 Ho The alternative hypothesis is H,: Calculate the value of the test statistic. x2 = (Round to three decimal places as needed.) Use technology to determine the P-value for the test statistic. The P-value is . (Round to three decimal places as needed.) What is the correct conclusion at the a= 0.10 level of significance? Since the P-value is 7 than the level of significance, V the null hypothesis. There V…
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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 4%. A mutual-fund rating agency randomly selects 21 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 2.63%. 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. ..... Use technology to determine the P-value for the test statistic. The P-value is. 4 (Round to three decimal places as needed.) Clear all Check answer Help me solve this View an example Get more help. a ^ 4:58 PM 6/18/2022 B Type here to search W R T g 96°F Mostly sunny
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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 H.: = 0.06. The alternative hypothesis is H₁: O Calculate the value of the test statistic. = 17.62 (Round to two decimal places as needed.) Use technology to determine the P-value for the test statistic. The P-value is (Round to three decimal places as needed) n example Get more help - < 0.06. 16 (DELL) M
The stock price for International Business Machines (IBM) historically has followed an approximately normal distribution (when adjusting for inflation) with a mean of $166.305 and standard deviation of $4.2216. What is the probability that on a selected day the stock price is below $162.5?

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