Determine whether mean annual return for mid-cap growth

Assignment Help Basic Statistics
Reference no: EM13236903

The average annual total return for U.S. Diversified Equity mutual funds from 1999 to 2003 was 4.1%. A researcher would like to conduct a hypothesis test to see whether the returns for mid-cap growth funds over the same period are significantly different from the average for U.S. Diversified Equity funds.

a. Formulate the hypotheses that can be used to determine whether the mean annual return for mid-cap growth funds differ from the mean for U.S. Diversified Equity funds.

b. A sample of 40 mid-cap growth funds provides a mean return of  3.4%. Assume the population standard deviation for mid-cap growth funds is known from previous studies to be s 2%. Use the sample results to compute the test statistic and p-value for the hypothesis test.

c. At a  .05, what is your conclusion?

Reference no: EM13236903

Questions Cloud

Calculate the heat lost from the cylinder : A vertical cylinder 6 ft tall and 1 ft in diameter might be used to approximate a man for heat-transfer purposes, Calculate the heat lost from the cylinder
Explain why postal service is seeking a rate increase : In 2009, the US Postal Service increased first-class postage rates from 42 cents to 44 cents. The service had been losing money. One of the reasons is increased competition from companies such as United Parcel Service and Federal Express.
Explain the oxidation number of cobalt : For [Co(en)(NH3)2Cl2]ClO4 identify the coordination number of cobalt, the coordination geometry for cobalt, the oxidation number of cobalt, the number of unpaired electrons
What are the short- and long-term economic benefits : 1.-What are the short- and long-term economic benefits and cost associated with our current high federal government budget deficits 2.-Do you think the economic benefits outweigh the economic cost, why or why not
Determine whether mean annual return for mid-cap growth : Conduct a hypothesis test to see whether the returns for mid-cap growth funds over the same period are significantly different from the average for U.S. Diversified Equity funds.
What is the radical acceleration of the endolymph fluid : Dizziness. Our balance is maintained, at least in part, by the endolymph fluid in the inner ear. Spinning displaces this fluid, causing dizziness, What is the radical acceleration (in m/s^2) of the endolymph fluid
Explain complexes are geometric isomers possible : In which of the following complexes are geometric isomers possible, [Co(H2O)4Cl2]+, [Co(NH3)3F3], [Pt(NH3)Br3]-, [Co(en)2(NH3)Cl]2+, if isomers are possible draw their structures and label them as cis or trans
Explain a large sign that connot be moved or sold : One of the partners favors moving downtown because she believes the additional business gained by moving downtown will exceed the higher rent at th downtown loaction plus the cost of making the move. THe other parnter at the PBS opposes the moves.
Determine how many security guards should the firm hire : a) If each security guard is paid $200 a week and the cost of a stolen radio is $25, how many security guards should the firm hire b) If the cost of a stolen radio is $25, what is the most the firm would be willing to pay to hire the first secuirty ..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Information about trend equation

Net sales of the Kaiser Aluminum and Chemical Corporation for the period beginning in 1975 and ending in 1984 were:

  Estimation of right sample size

The new study is going to use the confidence level of 90%. The estimator or appreciative must be in 1% of the population proportion. Which is the necessary size of the sample?

  Sample mean and p-value

A random sample of 16 ages is drawn from the population, and we find the sample mean of these observations to be μ = 8.76

  Confidence interval and test of hypothesis

The manager of a local bank wants to estimate the average amount held in checking accounts by the customers. A random sample of 30 customers is selected, and the results indicate a sample average of $4,750 and a sample standard deviation of $1,200..

  Find the population mean of waiting times

Mean waiting time was 15 minutes and that the standard deviation was 4 minutes. The 95% confidence interval for the population mean of waiting times is?

  Poll to estimate the presidential popularity

In a poll to estimate presidential popularity, each person in a random sample of 1000 voters was asked to agree with one of the following statements:

  Using of credit card for rewards program

26% of college students say they use credit card because of the rewards program . You randomly select 10 college students and ask each to name the reason he or she uses credit cards.

  Write introduction to statistical process control

Write introduction to SPC (STATISTICAL PROCESS CONTROL)? Describe the use of SPC tools used at D2D?

  Percentage of averages low temperatures-chebyshev theorem

NY is and the standard deviation is , then according to Chebyshev's theorem, the percentage of averages low temperatures in Rochester, NY between and is _____%>?

  Use the traditional method of hypothesis testing

At a =.02 , is the number of sticks of gum a person chews per day actually greater than 8? Use the traditional method of hypothesis testing.

  Hypothesis testing of shopping time

Assume the shopping time followed an approximately normal distribution. Use a 5% level of significance to test the claim that the average shopping time foe women with children in Carson mall is higher than the national average for this type of sto..

  Detailed explanation of z test

You are the manager of a fast food restaurant. You want to determine whether the population mean waiting time to place an order has changed in the past month from its previous population mean value of 4.5 minutes.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd