Exhibit 11-6

question 10

Multiple Choice

Exhibit 11-6.A financial analyst examines the performance of two mutual funds and claims that the variances of the annual returns for the bond funds differ.To support his claim,he collects data on the annual returns (in percent) for the years 2001 through 2010.The analyst assumes that the annual returns for the two emerging market bond funds are normally distributed.Here are some relevant summary statistics. Refer to Exhibit 4-6.At α = 0.10,is the analyst's claim supported by the data?

• A)No,the p-value < α = 0.10.
• B)Yes,the p-value > α = 0.10.
• C)No,the p-value > α = 0.10.
• D)Yes,the p-value < α = 0.10.

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Definitions:

Requisite Authority

The necessary or required power, permission, or jurisdiction to perform an action or enforce a policy.

Power of Attorney

A legal document that allows one person to act on another's behalf in legal matters or financial transactions.

Representative Capacity

This refers to acting on behalf of another person or entity in a legal or official capacity, such as an attorney representing a client.

Authority

The authority to command, decide, and ensure compliance.