Solved: Returns on stock of small firms have been shown to be, Basic Statistics

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Returns on stock of small firms have been shown to be

Question: Returns on stock of small firms have been shown to be symmetrically distributed, but the distributions are believed to be "long-tailed"-not well approximated by the normal distribution. To test whether the average return on a stock of a small firm is equal to 12% per year, what test would you recommend? Why?

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Basic Statistics: Returns on stock of small firms have been shown to be

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