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On analysing 240 months of data for a particular asset class, you calculate that the returns have a skew of 0.3 and an excess kurtosis
On analysing 240 months of data for a particular asset class, you calculate that the returns have a skew of 0.3 and an excess kurtosis of 0.5. Using the Jarque-Bera test, determine whether the null hypothesis that the returns are normally distributed can be rejected at the 95% level of confidence.
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