In an annual report to investors, an investment firm claims that the share price of one...
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In an annual report to investors, an investment firm claims that the share price of one of their bond funds had very little variability. The report shows the average price as $14.00 with a variance of 0.14. One of the investors wants to investigate this claim. He takes a random sample of the share prices for 29 days throughout the last year and finds that the standard deviation of the share price is 0.2266. Can the investor conclude that the variance of the share price of the bond fund is different than claimed at a = 0.05? Assume the population is normally distributed. Step 5 of 5: What is the conclusion? Answer 2 Points There is sufficient evidence to show that the variance of the share price is different than claimed. There is not sufficient evidence to show that the variance of the share price is different than claimed. Keypad Keyboard Shortcuts In an annual report to investors, an investment firm claims that the share price of one of their bond funds had very little variability. The report shows the average price as $14.00 with a variance of 0.14. One of the investors wants to investigate this claim. He takes a random sample of the share prices for 29 days throughout the last year and finds that the standard deviation of the share price is 0.2266. Can the investor conclude that the variance of the share price of the bond fund is different than claimed at a = 0.05? Assume the population is normally distributed. Step 5 of 5: What is the conclusion? Answer 2 Points There is sufficient evidence to show that the variance of the share price is different than claimed. There is not sufficient evidence to show that the variance of the share price is different than claimed. Keypad Keyboard Shortcuts
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