In order to test if the mean returns on a major index have changed from the historic monthly average of 1.2%,a sample of 36 recent monthly returns is used to calculate the value of the relevant test statistic.At the 5% level of significance,we reject the null hypothesis if this value is ____________.
A)Greater than 1.69
B)Greater than 1.645
C)Greater than 1.96 or less than -1.96
D)Greater than 2.03 or less than -2.03

Question

In order to test if the mean returns on a major index have changed from the historic monthly average of 1.2%,a sample of 36 recent monthly returns is used to calculate the value of the relevant  test statistic.At the 5% level of significance,we reject the null hypothesis if this value is ____________.
A)Greater than 1.69 
B)Greater than 1.645 
C)Greater than 1.96 or less than -1.96 
D)Greater than 2.03 or less than -2.03

Quizplus · Accepted Answer

The Answer of In order to test if the mean returns on a major index have changed from the historic monthly average of 1.2%,a sample of 36 recent monthly returns is used to calculate the value of the relevant  test statistic.At the 5% level of significance,we reject the null hypothesis if this value is ____________.
A)Greater than 1.69 
B)Greater than 1.645 
C)Greater than 1.96 or less than -1.96 
D)Greater than 2.03 or less than -2.03

In Order to Test If the Mean Returns on a Major