Question: The data that accompanies this exercise show weekly stock prices for Home Depot. a. Using the Jarque-Bera test, state the competing hypotheses in order to

The data that accompanies this exercise show weekly stock prices for Home Depot.

a. Using the Jarque-Bera test, state the competing hypotheses in order to determine whether or not Home Depot's weekly stock prices follow the normal distribution.

b. Calculate the value of the Jarque-Bera test statistic. Use Excel to calculate the p-value.

c. At α = 0.05, can you conclude that Home Depot's stock prices are not normally distributed?

Step by Step Solution

3.51 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a JarqueBera test for normality b Using Excel functions SKEW and KURT S 0... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1140-M-S-L-R(8639).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!