Suppose you want to determine if the quarterly returns for mutual funds have a normal distribution when your available data is partitioned into some non-overlapping intervals with given frequencies.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 goodness-of-fit test for normality is specifically designed to determine if a dataset follows a normal distribution by comparing observed frequencies with expected frequencies under the normal distribution assumption.

Suppose You Want to Determine If the Quarterly Returns for Mutual