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Suppose a data set of 33 observations has a sample mean of -242.38 and a sample standard deviation of 65. Assume we are interested in whether the data is statistically different from -215 at the 5% level of significance.
Q1. What is the distribution of the test statistic?
a) Student-t distribution
b) Normal distribution
c) Uniform distribution
d) Binomial Distribution
e) None of the above
Q2. What is the value of the test statistic?
C) What are the critical values?
Lower Value is:
Higher Value is:
You wish to invest $17,445 in a mutual fund with a NAV of $26.03. The fund charges a front-end load of 4.50%. How many fund shares will you receive?
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