Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly...
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Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 6%. A mutual-fund rating agency randomly selects 23 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 4.02%. Is there sufficient evidence to conclude that the fund has moderate risk at the = 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. x = (Round to three 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 = 0.05 level of significance? Since the P-value is 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 mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 6%. A mutual-fund rating agency randomly selects 23 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 4.02%. Is there sufficient evidence to conclude that the fund has moderate risk at the = 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. x = (Round to three 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 = 0.05 level of significance? Since the P-value is 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
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