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A U.S.Treasury bond is a
Normally Distributed
A probability distribution that demonstrates symmetry around its mean, indicating that occurrences diminish as distance from the mean increases.
Probability
The quantification of the chance of an event happening, represented as a numerical value ranging from 0 to 1.
Test Statistic
A standardized value that is calculated from sample data during a hypothesis test. It is used to determine whether to reject the null hypothesis.
Null Hypotheses
A statement that assumes there is no significant difference or effect in a population, and any observed difference is due to sampling or experimental error.
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