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You want to examine whether the average return of S&P1500 index for the last six months is significantly greater than 8%. The actual average monthly

You want to examine whether the average return of S&P1500 index for the last six months is significantly greater than 8%. The actual average monthly return over this period is 9.3%, with a standard deviation of 2.3%. Formulate null and alternative hypothesis. Determine whether to reject the null at the level 0.05 level of significance. Critical t value is 2.015

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Null hypothesis H0 The average return of the SP1500 index for the last six months is equal to 8 Alte... blur-text-image

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