Math  /  Data & Statistics

Questionto conclude that the fund has moderate risk return for a certain fund. The standard deviation of the rate of return is computed to be 3.98%3.98 \%. Is there suffic distributed.
What are the correct hypotheses for this test? The null hypothesis is H0:σ=0.06\mathrm{H}_{0}: \sigma=0.06. The alternative hypothesis is H1:σ<0.06\mathrm{H}_{1}: \sigma<0.06. Calculate the value of the test statistic. χ2=11.880\chi^{2}=11.880 (Round to three decimal places as needed.) Use technology to determine the P-value for the test statistic. The PP-value is \square \square. (Round to three decimal places as needed.) Clear all

Studdy Solution
Interpret the P-value: If the P-value is less than the significance level (commonly 0.05), reject the null hypothesis. Otherwise, do not reject the null hypothesis.
Please provide the sample size to proceed with calculating the P-value.

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