Question: 1 . Why do financiers need hypothesis testing? Data sets do not cover every instance of an event or measurement. So they can predict within
Why do financiers need hypothesis testing?
Data sets do not cover every instance of an event or measurement.
So they can predict within a degree of certainty where stock prices will go in the future.
Stock and bond pricing data is difficult to obtain and impossible to predict.
The normal distribution does not give them enough information to make sound decisions.
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