The Following Table Shows Numerical Summaries of the Best Quarter

question 51

Essay

The following table shows numerical summaries of the best quarter returns (in percentages)for a sample of 121 hedge funds.
A)Set up the competing hypotheses for the Jarque-Bera test for normality for the best quarter returns.
B)Calculate the value of the test statistic.
C)Specify the critical value at the 1% significance level.
D)Does the evidence suggest that the best quarter returns do not have a normal distribution?

• A)Set up the competing hypotheses for the Jarque-Bera test for normality for the best quarter returns.
• B)Calculate the value of the test statistic.
• C)Specify the critical value at the 1% significance level.
• D)Does the evidence suggest that the best quarter returns do not have a normal distribution?

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