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The average beta of a random sample of 100 equity funds is 1.2. The sample betas have a standard deviation of 0.2. Using a 95%

    • The average beta of a random sample of 100 equity funds is 1.2. The sample betas have a standard deviation of 0.2. Using a 95% confidence interval and a z-statistic, which interval can we be confident at the 95% level includes the mean of population beta?


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