Exercise

Interpretation of the normality test

Is it reasonable to assume that the returns of FMAGX were drawn from a normal distribution?

Or more formally, do you reject the null hypothesis:

$$H_0: r_{it} \sim \text{ normal vs. } H_1: r_{it} \sim \text{ not normal }$$ using a 5% significance level, with \(i = \mathrm{FMAGX}\)?

Note that the all_returns zoo object is preloaded in your workspace.

Instructions

50 XP

Possible Answers

Yes
No