The daily rate of return for a stock (adjusted to an annual rate) is summarized in the
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The daily rate of return for a stock (adjusted to an annual rate) is summarized in the following table. Can you show that these data do not come from a normal distribution? The mean is 0%and the standard derivation is 1.6%. Do a 5%test.
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Rate of return Less than 3% -3% to -2% -2% to -1% -1% to 0 0-1 % 1-2% More than 2% Frequency 20 25 30 50 40 25 5
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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