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The data in the accompanying table are returns of 50 hedge funds reported for the month of December 2005. The returns are computed as the
The data in the accompanying table are returns of 50 hedge funds reported for the month of December 2005. The returns are computed as the change in value of assets manage of the assets at the start of the month. Complete parts (a) through (d). Click the icon to view the data table of hedge fund returns. A. The histogram is unimodal and roughly bell-shaped. O B. The histogram is uniformly distributed. O C. The histogram is unimodal and not roughly bell-shaped. O D. The histogram is bimodal. (b) Are there any outliers? Which fund had the highest return? The lowest? There are outliers. The fund with the highest return was the Clarium LP hedge fund. The fund with the lowest return was the ITA Short Euro hedge fund. (c) What normal model describes the distribution of returns of these hedge funds? Select the correct choice below and, if necessary, fill in the answer boxes within your choice. O A. The normal model with u = and o = (Round to four decimal places as needed.) O B. A normal model cannot be used to describe the distribution of returns of these hedge funds.Fund Name Return Fund Name Return Alcentra Avila Fund - 0.0015 ITA Balanced 0.0010 Apis Capital 0.0116 ITA Short Euro - 0.0560 Apis Offshore Capital 0.0120 Jackson Income Fund 0.0160 Aria Partners II LP 0.0293 Khaner Capital - 0.0050 Arrow Partners 0.0300 Lafitte Fund I 0.0541 Bermuda Fund 0.0033 Lafitte Fund I (QP) 0.0535 Boston Equity Fund 0.0154 Lakefront Partners 0.0166 Clarium LP 0.0860 LibertyView Fund LLC 0.0041 CMG All Seasons 0.0147 Mad River Fund 0.0542 CMG Capital -0.0101 Nibius Fund Ltd 0.0220 Crossfields Fund I LP - 0.0162 OptAS Ltd Class B 0.0112 E.V.R. Capital LP 0.0459 Overture Fund 0.0125 Emory Partners 0.0110 Parallax Fund - 0.0020 Gain MAC - 0.0020 Pinehurst Partners 0.0252 Gemini Partners 0.0004 Pinehurst Plus 0.0352 GFIPumped Fund - 0.0042 Rodinia Partners 0.0387 Global Hedge Fund 0.0154 Rotella Polaris Fund - 0.0239 Greenlight Capital 0.0090 St. Albans Partners 0.0036 Greenlight Masters 0.0180 Tact Japan Star Fund 0.0301 Guardian One L.P. 0.0064 Tact Technician Fund 0.0238 Guardian One Ltd 0.0064 The Leisure Fund 0.0080 HEDGEnergy 0.0354 Triumph Fund - 0.0194 Index Condor 0.0661 UMJ Neutro Fund 0.0230 Intercept Capital - 0.0230 Winton Evolution Fund - 0.0495 Ironwood Partners II 0.0154 ZeroVector BillionZ 0.0218
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