Find the Critical Value or Values Of $\chi ^ { 2 }$

question 73

Multiple Choice

Find the critical value or values of $\chi ^ { 2 }$ based on the given information.
- $$\begin{array} { l } \mathrm { H } _ { 1 } : \sigma > 26.1 \\\mathrm { n } = 9 \\\alpha = 0.01\end{array}$$

• A) 2.088
• B) 20.090
• C) 1.646
• D) 21.666

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Definitions:

Risky Asset

An asset that has a significant degree of uncertainty in its returns, often leading to higher potential rewards and higher potential losses.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the individual data points differ from the mean.

Expected Rate

The anticipated return on an investment, factoring in the probability of various outcomes, including risks and rewards.

T-bill

Short for Treasury bill, a short-term government security issued at a discount from the par value and pays no interest before maturity, but is redeemed at its face value.