Question 71

A dataset of 105 observations is organized in a relative frequency distribution into 9 classes. The sum of the relative frequencies across all the classes equals ________.
  • Question 72

    Of the following statements:
    I). The level of significance of a hypothesis test is the probability of rejecting the null hypothesis when it is actually true.
    II). Type II error is failing to reject the null hypothesis when it is actually false.
  • Question 73

    In testing a hypothesis using a statistic Y, a critical region is chosen to meet which of the following conditions:
    I). the probability of Y falling in the critical region when the null hypothesis is true is ALPHA
    II). the probability of Y falling in the critical region when the alternative hypothesis is true is greater than it not falling in the critical region region.
    III). the sample size is large
  • Question 74

    A trade deficit means:
    I). The country does not save enough to fund its investment spending.
    II). The country must reduce its net financial claims on the rest of the world.
    III). There must be a capital account deficit.
  • Question 75

    Cindy Bolan has a 11.00%, 9.00 bond that is selling for a price of $140.3830 and is currently yielding
    5 .30%. The table below shows how the price will vary given a 1 Basis Point change in market interest rates with a duration of 6.28. In this instance, what is the Price Value of a Basis Point (PVBP)?