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The Following Frequency Distribution Shows the Monthly Stock Returns for Home

Question 108

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The following frequency distribution shows the monthly stock returns for Home Depot for the years 2003 through 2007. The following frequency distribution shows the monthly stock returns for Home Depot for the years 2003 through 2007.   Over time period,the following summary statistics are provided: Mean = 0.31%,Standard deviation = 6.49%,Skewness = 0.15,and Kurtosis = 0.38.At the 5% confidence level,which of the following is the correct conclusion for the Jarque-Bera test for normality? A)  Reject the null hypothesis;conclude that monthly stock returnsare normally distributed with mean 0.31% and standard deviation 6.49%. B)  Reject the null hypothesis;conclude that monthly stock returnsare not normally distributed with mean 0.31% and standard deviation 6.49%. C)  Do not reject the null hypothesis;conclude that monthly stock returnsare normally distributed with mean 0.31% and standard deviation 6.49% D)  Do not reject the null hypothesis;conclude that monthly stock returnsare not normally distributed with mean 0.31% and standard deviation 6.49%. Over time period,the following summary statistics are provided: Mean = 0.31%,Standard deviation = 6.49%,Skewness = 0.15,and Kurtosis = 0.38.At the 5% confidence level,which of the following is the correct conclusion for the Jarque-Bera test for normality?


A) Reject the null hypothesis;conclude that monthly stock returnsare normally distributed with mean 0.31% and standard deviation 6.49%.
B) Reject the null hypothesis;conclude that monthly stock returnsare not normally distributed with mean 0.31% and standard deviation 6.49%.
C) Do not reject the null hypothesis;conclude that monthly stock returnsare normally distributed with mean 0.31% and standard deviation 6.49%
D) Do not reject the null hypothesis;conclude that monthly stock returnsare not normally distributed with mean 0.31% and standard deviation 6.49%.

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