We Are Interested in Knowing If the Following Frequency Distribution

question 83

Short Answer

We are interested in knowing if the following frequency distribution is normally distributed. The population mean and standard deviation of the data are 600 and 160, respectively. To test the hypothesis that the frequency distribution is normally distributed, what is the value of the chi-square critical value at the .05 level of significance?

---

Definitions:

Futures Contract

A financial contract obligating the buyer to purchase, and the seller to sell, a particular asset at a predetermined future date and price.

Hedger

An individual or entity that enters into a financial contract to mitigate the risk of adverse price movements in an asset.

Swap Contract

A financial agreement where two parties exchange liabilities or cash flows from two different financial instruments for a set period.

Forward Contracts

Customized contracts between two parties to buy or sell an asset at a specified price on a future date.