Mathematics, 28.05.2021 14:20 jeremytheprimerapper
The expense ratio (in percentage) for large-cap growth mutual funds have the following sample data0.52, 1.06, 1.26, 2.17, 1.55, 0.99, 1.10, 1.07, 1.81, 2.05 0.91, 0.79, 1.39, 0.62, 1.52, 1.02, 1.10, 1.78, 1.01, 1.15The data is believed to be normally distributed. a. Is there compelling evidence for concluding that the population mean expense ratio exceeds 1%? Carry out a test of the relevant hypothesis using a significance level 0.01.b. Referring back to part (a), describe in context type I and II errors and say which error you might have made in reaching your conclusion. The source from which the data was obtained reported that ? = 1.33 for the population of all 762 such funds. So did you actually commit an error in reaching your conclusion?c. Suppose that ? = 0.5, determine and interpret the power of the test in part (a) for the actual value of ? stated in (b).
Answers: 2
Mathematics, 21.06.2019 19:00, hbstanley3
You and a friend went to the movies. you spent half your money on tickets. then you spent 1/4 of the money on popcorn, $2 on candy, and $3 on a soda. if you have $1 left, hiw much money did u take to the movies?
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Mathematics, 21.06.2019 23:30, adrianna2324
Dawn is selling her mp3 player for 3 4 of the original price. the original price for the mp3 player was $40. how much is she selling her mp3 player for?
Answers: 1
The expense ratio (in percentage) for large-cap growth mutual funds have the following sample data0....
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