26. The exhibit provides information concerning quarterly retums on two otherwi managed equity funds, A and B, as well as statistical estimates concerning their mean retu differences over the past fifty quarters. rn Measure Fund A Return Fund B Return Differences (96) Mean Standard Deviation C9%) 3.756 5.468 (Fund A-Fund B) 0.976 0.796 2.780 4.672 Using a critical value of 1.671, which of the following conclusions is most likely valid concerning differences between the mean returns on Fund A and B? A. The difference is significant. B. The difference is insignificant, as the null hypothesis is rejected. C. The difference is insignificant, as the null hypothesis is not rejected. 27. The real risk-free interest rate most likely reflects: A. Compensation for expected inflation. B. The relationship between different dated cash flows. C. Time preferences of individuals for current versus future real consumption 28. A cricket club's manag will use this as a basis for forecasting future performance. The probabl er is evaluating the performance of its players over the past year and g well in the past season will continue to do so is 0.65. The probability a chosen venu will provide favorable playing conditions for a player is 020. The probability that either of th The probability that past performance and favorable playin in the future is closest to: conditions contribute positively to player performance A. 0.13 B. 0.40 C. 0.45