Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 3%. A mutual fund rating agency randomly selects 24 months and determines the rate of retum for a certain fund. The standard deviation of the rate of retum is computed to be 2.71%. Is there sufficient evidence to conclude that the fund has moderate risk at the a = 0,05 level of significanco? A normal probability plot indicates that the monthly rates of retum are normally distributed What are the correct hypotheses for this test? The nult hypothesis is How The alternative hypothesis is HET Calculate the value of the test statistic 7. (Round to three decimal places as needed) Use technology to determine the value for the best statistic The P-value is (Round to three decimal places as needed) What is the correct conclusion of the 0.05 level of significance? Since the P value is W than the level of significance moderate risk at the 0.05 level of significance the null hypothesis. There Y sufficient evidence lo conclude that the fund has
Suppose 221 subjects are treated with a drug that is used to treat pain and 50 of the developed nausea. Use a 0.01 significance level to test the claim that more than 20% of users develop nausea. Cree Identify the null and alternative hypotheses for this test. Choose the correct answer below. O A Hy:p=0.20 He p>0.20 OB. Hy:p>0.20 Hy p=0.20 Ос. Наря 0.20 HP<0.20 OD. Hp0.20 Hy: D#0.20 Identify the best statistic for this hypothesis test. The test statistic for this hypothesis het in (Round to two decimal places as needed.) Identity the P value for this hypothesis test. The P. value for this hypothesis testis (Round to three decimal places as needed) or
Suppose 221 subjects are treated with a drug that is used to treat pain and 50 of them developed nausea. Use a 0.01 significance level to test the claim 20% of users develop nausea. Hy:P0.20 OD. Ho:p=0.20 Hyp#0.20 Identity the test statistic for this hypothesis test. The test statistic for this hypothesis test is ] (Round to two decimal places as needed.) Identify the P-value for this hypothesis test. The P-value for this hypothesis testis (Round to three decimal places as needed.) Identify the conclusion for this hypothesis test O A Fall to reject Ho. There is sufficient evidence to warrant support of the claim that more than 20% of users develop nausen. OB. Reject Ho. There is sufficient evidence to warrant support of the claim that more than 20% of users develop nausea. OC. Fal to reject Hy. There is not sufficient evidence to warrant support of the claim that more than 20% of users develop nausea. OD. Reject Ho. There is not suficient evidence to warrant support of the claim that more than 20% of users develop nausea.
Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less
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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
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