This Test: 38 pts possible This Question: 1 pt 3 of 38 complete) monty or retum

Question

This Test: 38 pts possible This Question: 1 pt 3 of 38 complete) monty or retum Bless an6s Amutuastund rang aercy randomly selects 23 months and determines the rate or netum for a certantund The suppose a mutual fund as having moderate mskrthe standard deviation ofthe rate of is computed be Is there suncient evidence toconcluse the nand has moderate at the a 001 everor spritcance? Anonmal probatary indicates that the monthly rates or enum are What the conect hypotheses for his The hypothesis H The malve hypothesis H Caculate the value othe test stanstk Since the P value than the eve or signacance, the hypothesis There suncentendence conclude that he und has moderate isk at the 001 level of ignskance

Explanation / Answer

n = 23

s = 0.0556

chi square = ns2/(sigma)2 = 23(0.0556)2/(0.06)2 = 19.75

The P-Value is 0.598674

Since the p value is > than the level of signficance. Accept the null hypothesis.There is sufficient evidence to conclude that the fund has moderate risk at the 0.01nlevelof significance .

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.