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A sample of 58 mutual funds was taken and the mean return in the sample was 14% with a standard deviation of 9.3%. The return on a particular index of stocks (against which the mutual funds are compared) was 11.4%. When testing the hypothesis (at the 5% level of significance) that the return on actively-managed mutual funds is higher than an index of stocks, what is the test statistic? (Please round your answer to 2 decimal places)
Ask question critically evaluate the two main utility theories #Minimum 100 words accepted#
1.Classify each of the following as related to the transactions demand, precautionary demand, or asset (speculative) demand for money. Explain: (a) Rodrigo keeps $200 in cash in
what factors deter the sale of a product
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Suppose that EBV makes a $6m Series A investment in Newco for 1m shares at $6 per share. One year later, Newco has fallen on hard times, and receives a $6m Series B financing from
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There are three industrial firms in a quaint town of South Orange where the municipal government wants to reduce pollution to 120 units from uncontrolled level of 210 units. Three
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