Suppose you want to determine if the quarterly returns for mutual funds have a normal distribution using the skewness and kurtosis coefficients. The most appropriate test is the ________.
A) goodness-of-fit test for a multinomial experiment
B) chi-square test for independence
C) goodness-of-fit test for normality
D) Jarque-Bera test for normality

Question

Quizplus · Accepted Answer

The Jarque-Bera test is specifically designed to test for normality using the skewness and kurtosis coefficients. The other options are not appropriate for testing normality.

Suppose You Want to Determine If the Quarterly Returns for Mutual