The data that accompanies this exercise show weekly stock prices for Home Depot. a. Using the Jarque-Bera
Question:
The data that accompanies this exercise show weekly stock prices for Home Depot.
a. Using the Jarque-Bera test, state the competing hypotheses in order to determine whether or not Home Depot's weekly stock prices follow the normal distribution.
b. Calculate the value of the Jarque-Bera test statistic. Use Excel to calculate the p-value.
c. At α = 0.05, can you conclude that Home Depot's stock prices are not normally distributed?
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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