Perform the Required Correlation Test for Normality $\begin{array} { l l l l l l } 6.9 & 3.0 & 5.1 & 1.5 & 2.7 & 7.0 \end{array}$

question 35

Essay

Perform the required correlation test for normality.
-At one bank, twelve customers were selected at random as they entered the bank and asked to record how long they spent waiting in line. The times (in minutes)were as follows.
$\begin{array} { l l l l l l } 6.9 & 3.0 & 5.1 & 1.5 & 2.7 & 7.0 \end{array}$ $\begin{array} { l l l l l l } 6.8 & 2.4 & 6.2 & 1.2 & 3.8 & 4.2 \end{array}$
At the 5% significance level, do the data provide sufficient evidence to conclude that waiting times of customers at this bank are not normally distributed?

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A theory stating that the difference in interest rates between two countries is equal to the expected change in exchange rates between those countries' currencies.

Covered Interest Arbitrage

An investment strategy that involves taking advantage of the interest rate differential between two countries while hedging against exchange rate risk.