题目内容

Which of the following statements is FALSE regarding hypothesis testing?

An analyst can perform a one-tailed or a two-tailed test.
B. A type I error is acceptance of a hypothesis that is actually false.
C. A type II error is the acceptance of a hypothesis that is actually false.
D. The significance level is the risk of making a type I error.

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Sarah Parker is buying a new $25,000 car. Her trade-in is worth $5,000 so she needs to borrow $20,000. The loan will be paid in 48 monthly installments and the annual interest rate on the loan is 7.5%. If the first payment is due at the end of the first month, what is Sarah 抯 monthly car payment?

A. $480.57.
B. $483.58.
C. $416.67.
D. $427.63.

The mean return of Bartlett Co. is 3 percent and the standard deviation is 6 percent based on 20 monthly returns. What is the standard error of the sample?

A. 2.00%.
B. 0.67%.
C. 0.50%.
D. 1.34%.

Johnson Inc. manages a growth portfolio of equity securities that has a mean monthly return of 1.45% and a standard deviation of 10.8%. The S&P 500 has a mean monthly return of 1.2% and a standard deviation of 6.8%. The mean monthly return on T-bills is 0.30%. Calculate Sharpe 抯 reward-to-variability ratio for the growth portfolio and for the S&P 500. Which of the following statements is TRUE?

A. Based on a reward-to-variability ratio the growth portfolio is preferable to the S&P 500.
B. The growth portfolio has more excess return per unit of risk than the S&P 500.
C. An investor would always prefer the S&P 500 to the growth portfolio.
D. Based on a reward-to-variability ratio the S&P 500 is preferable to the growth portfolio.

Which of the following statements are TRUE? I. The mean of a sample of five numbers (5 + 2 + 4 + 5 + 4) is ΣX / (n -1) = 5. II. The standard error of the sample means of the numbers above is s/ (n-1) = .75. III. The variance of a sample of five numbers (5 + 2 + 4 + 5 + 4) is Σ(X - X)2 / (n-1) = 1.5. IV. The sampling error is the difference between a sample statistic and its corresponding population parameter.

A. III and IV only.
B. III only.
C. I, II, and III only.
D. I, II, III, and IV.

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