Identify the Null Hypothesis, Alternative Hypothesis, Test Statistic, P-Value, Conclusion

question 72

Essay

Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim.
-According to a recent poll 53% of Americans would vote for the incumbent president. If a random sample of 100 people results in 45% who would vote for the incumbent, test the claim that the actual percentage is 53%. Use a 0.10 significance level.

Calculate effective annual rates of return on investments such as Treasury bills.

Identify and compute various measures of investment performance, including Holding Period Return (HPR).

Understand the differences between arithmetic average return, geometric average return, and their implications for investment forecasting.

Grasp the concept of a complete portfolio and its components.

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Definitions:

Fourteenth Amendment

An amendment to the United States Constitution, ratified in 1868, granting citizenship to all persons born or naturalized in the United States, including formerly enslaved people, and providing all citizens with “equal protection under the laws.”

Foraker Act

Legislation passed in 1900 that established civil government in Puerto Rico, which had been newly acquired by the United States after the Spanish-American War.

Homestead Strike

A major industrial strike in 1892 at the Homestead Steel Works in Pennsylvania, representing a pivotal battle over labor rights in the U.S.