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 29 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 2.56% is there sufficient evidence to conclude that the fund has moderate risk at the a= 0.05 level of significance? A normal probability plot indicates that the monthly rate of return are normally distributed.

Solve

A. What is thenukkand alternative hypothesis

B. X2=

C. P value

D. Reject/ do not reject Ho because p value is less than equal to/greater than level of significance there is sufficient/ insufficient evidence to support claim