Use of Financial Calculator TI BA II Plus Required

question 87

Multiple Choice

Use of Financial Calculator TI BA II Plus required. The TSX index was valued at 1000 in 1984. Today (2008) it is valued at 13 144. What has been the annual return of the TSX over this time? (Assume that dates of valuation are the same.)

• A)10.8 percent
• B)15.6 percent
• C)11.3 percent
• D)12.2 percent

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Definitions:

P < 0.05

A statistical threshold indicating that the observed results are significant with a probability of less than 5% being due to chance.

Obtained Value

The actual value measured or computed from a data set or experiment, often compared against a theoretic or critical value in hypothesis testing.

Population Standard Deviation

The population standard deviation is a measure of the dispersion or spread of a set of values within a population, quantifying how much the values differ from the population mean.

Square Root

A value that, when multiplied by itself, gives the original number, representing the inverse operation of squaring.