Question

The following table lists a portion of the data representing the annual returns (in percent) over...

The following table lists a portion of the data representing the annual returns (in percent) over a 10-year period for the Balanced mutual fund, a top-performing mutual fund from the Janus Capital Group. (You may find it useful to reference the z table.).

*THE ANSWER IS NOT 0.72*

*THE ANSWER IS NOT 0.72*

*THE ANSWER IS NOT 0.72*

*THE ANSWER IS NOT 0.72*

*THE ANSWER IS NOT 0.72*

*THE ANSWER IS NOT 0.72*

Year Return
2007 10.15
2008 -15.22
2009 24.28
2010 7.83
2011 1.44
2012 13.07
2013 19.72
2014 8.46
2015 0.60
2016 4.51

Q:  Calculate the value of the test statistic, assuming that the sampling distribution of T is normally distributed. (Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)

*NOTE: This has been answered wrong twice with a T value. I think that I need to give a Z value but I am not positive.

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Answer #1

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