The Following Table Shows the Observed Frequencies of the Quarterly

question 89

Essay

The following table shows the observed frequencies of the quarterly returns for a sample of 60 hedge funds. The table also contains the hypothesized proportions of each class assuming the quarterly returns have a normal distribution. The sample mean and standard deviation are 3.6% and 7.4% respectively. a. Set up the competing hypotheses for the goodness-of-fit test of normality for the quarterly returns.
B) Calculate the value of the test statistic and determine the degrees of freedom.
C) Compute the p-value. Does the evidence suggest that the quarterly returns do not have a normal distribution at the 10% significance level?

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Definitions:

Situational Constraints

External factors or conditions that limit or influence an individual's actions or behavior in a given context.

Self Monitor

An individual's ability to regulate their behavior to accommodate social cues and situations.

Experience Dissonance

Experience dissonance refers to a state of mental discomfort caused by holding two or more conflicting beliefs, values, or attitudes simultaneously.

Beliefs

Convictions or acceptance that certain things are true or real, often without empirical evidence.