Find if there is evidence that true average return different, Basic Statistics

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Find if there is evidence that true average return different

ou are considering investing in a company. The company claims for the past few years the average monthly return on such an investment has been $870 with a standard deviation of $50. You sample 30 investors and determine the sample average return to be $855. Using a .05 level of significance you will test to determine if there is evidence that the true average return is different from $870. Is this a 1 or 2 tail test?

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Basic Statistics: Find if there is evidence that true average return different

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Basic Statistics: Find if there is evidence that true average return different

Reference No:- TGS099342

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

Q : Appropriate measure of productivity

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Find if there is evidence that true average return different

Reference No:- TGS099342

Recent Questions Asked Basic Statistics

Q : Appropriate measure of productivity

Q : How is e-commerce different from traditional retailing

Q : You have opened your own word processing service.

Q : Paper explaining the accounting cycle

Q : Find if there is evidence that true average return different

Q : Agile methodologies and engineering-based approaches

Q : What is the dependent and independent variables

Q : What is best estimate of the company''s net operating income

Q : Attack is likely to be successful about once every 5 years

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