The following frequency distribution shows the monthly stock returns for Home Depot for the years 2003 through 2007.Class (in percent)Observed FrequencyReturn < ?513?5 ? Return < 0160 ? Return < 520Return ? 511Over time period, the following summary statistics are provided: Mean = 0.31%, Standard deviation = 6.49%, Skewness = 0.15, and Kurtosis = 0.38. At the 5% confidence level, which of the following is the correct conclusion for the Jarque-Bera test for normality?
A. Do not reject the null hypothesis; conclude that monthly stock returns are not normally distributed with mean 0.31% and standard deviation 6.49%.
B. Reject the null hypothesis; conclude that monthly stock returns are not normally distributed with mean 0.31% and standard deviation 6.49%.
C. Do not reject the null hypothesis; conclude that monthly stock returns are normally distributed with mean 0.31% and standard deviation 6.49%.
D. Reject the null hypothesis; conclude that monthly stock returns are normally distributed with mean 0.31% and standard deviation 6.49%.
Answer: C
You might also like to view...
The holding period return for mutual funds should be based on
A) net asset value exclusively. B) dividend income exclusively. C) capital gains distributions exclusively. D) capital gains distributions, dividends and change in net asset value.
NChar and NVarchar represent what kinds of character types?
A) Fixed B) Variable Length C) Unicode D) ASCII
_____ focus on reducing costs or generating value by working with suppliers or inbound shipping and freight service providers
a. Horizontal integration strategies b. Vertical integration strategies c. Downstream strategies d. Upstream strategies
The group responsible for and have final authority for managing a corporation's activities is (are) the ________.
What will be an ideal response?