True or False. Justify for full credit. (a) If all the observations in a data set are

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True or False. Justify for full credit.

(a) If all the observations in a data set are identical, then the variance for this data set is zero.

(b) If P(A) = 0.4 and P(B) = 0.5, then P(A AND B) = 0.2.

(c) The mean is always equal to the median for a normal distribution.

(d) A 95% confidence interval is wider than a 90% confidence interval of the same parameter.

(e) In a two-tailed hypothesis testing at significance level α of 0.05, the test statistic is calculated as

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Quantitative Investment Analysis

ISBN: 978-1119104223

3rd edition

Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle

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