A mutual fund manager claims that the returns of stocks in her fund have a variance of

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A mutual fund manager claims that the returns of stocks in her fund have a variance of no more than .50. A random sample of 25 stocks in her fund has a sample variance of .72. Assuming that the distribution is normal, test the fund manager’s claim at the 5 % level of significance.

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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