An investor wants to know whether the distribution of weekly rental values in a certain location is

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An investor wants to know whether the distribution of weekly rental values in a certain location is normal. The results of her test are as shown. Discuss the test used, the hypotheses, the results and the business implications. Use ? = 0.05.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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Business Analytics And Statistics

ISBN: 9780730363330

1st Edition

Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi

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Question Posted: Jan 21, 2020 01:19 PM

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An investor wants to know whether the distribution of weekly rental values in a certain location is

Question:

Observed frequency Expected frequency Rental category Under $400 (f.-f.) 4.68 1.32 0.37 2.56 21.40 14 $400-600 -7.40 5.59 39.41 0.79 45 $601-800 30.18 0.001 $801-1000 Above $1000 30 -0.18 9.20 10 0.07 Total 0.80 105 105

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Rental category Observed frequency f o Expected frequency f e f o f e f o f e 2 f e Under 40...View the full answer

Business Analytics And Statistics

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