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 H.:= 0.06.The alternative hypothesis is H₁: OCalculate 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 exampleGet more help -< 0.06.16(DELL)M

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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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In a 15-day period, the amount of growth for a population of sunflower plants was found to be a Normal distribution with mean 3.18 cm and standard deviation 0.52 cm. If a sample of 100 plants were selected, what is the probability that the sample mean is greater than 3.31 cm?
The stock price for International Business Machines (IBM) historically has followed an approximately normal distribution (when adjusting for inflation) with a mean of $181.473 and standard deviation of $3.1973. What is the probability that on a selected day the stock price is between $179.77 and 180.28?
You have just started a coffee stand at the Saturday Market, and you prepare fresh brewed coffee every Saturday. Based on your analysis of the current market, you concluded that the demand for brewed coffee follows a normal distribution with the mean being 10 gallons and the standard deviation being 1.2 gallons. 1. What is the probability that the demand for brewed coffee will be between 7 gallons and 13 gallons 2. In case you want to satisfy the demand 97% of time, how many gallons of brewed coffee do you need to prepare every Saturday
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. (...) The alternative hypothesis is H₁: O < 0.04. Calculate the value of the test statistic. X= 8.65 (Round to two decimal places as needed.) Use technology to determine the P-value for the test statistic. The P-value is 0.013 (Round to three decimal places as needed.) What is the correct conclusion at the a= 0.05 level of significance? than the level of significance, the null hypothesis. There sufficient evidence to conclude that the fund has moderate risk at the 0.05 level of…
Suppose a brewery has a filling machine that fills 12-ounce bottles of beer. It is known that the amount of beer poured by this filling machine follows a normal distribution with a mean of 12.49 ounces and a standard deviation of 0.04 ounce. Find the probability that the bottle contains between 12.39 and 12.45 ounces.
Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 5%. 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 3.37%. Is there sufficient evidence to conclude that the fund has moderate risk at the o = 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,: o = 0.05. %3D The alternative hypothesis is H;: 0.05. Calculate the value of the test statistic. (Round to two decimal places as needed.) Enter your answer in the answer box and then click Check Answer. ? parts remaining Clear All Check Answer
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 29 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 2.23%. 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. 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. (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.) What is the correct conclusion at the a = 0.05 level of significance? Since the P-value is than the level of significance, the null hypothesis. There sufficient evidence…
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
Find the Margin of Error, if we are asked for 90% confidence interval where the mean is 52.3, the standard deviation is 2.15 and the sample size is 136.
Records maintained by the office of budget in a particular state indicate that theamount of time elapsed between the submission of travel vouchers and the finalreimbursement of funds has approximately a normal distribution with a mean of39 days and a standard deviation of 6 days.a. What is the probability that the elapsed time between submission andreimbursement will exceed 50 days?b. If you had a travel voucher submitted more than 55 days ago, what might youconclude?
Jack invests in a mutual fund with annual returns that follow a Normal model with mean14% and standard deviation 9%. What is the probability Jack makes between 10% and 30%?
The monthly utility bills in a city are normally distributed, with a mean of $100 and a standard deviation of $16.Find the probability that a randomly selected utility bill is(a) less than $66, (b) between $90 and $110, and (c) more than $120.

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