Business, 10.11.2019 06:31 Shazrts2371

Afund of funds has investments in 36 hedge funds. at the end of the year, the mean return of the constituent hedge funds was 18%. the standard deviation of the funds’ returns was 12%. the benchmark return for the fund of funds was 14%. is the difference between the average return and the benchmark return statistically significant at the 95% confidence level?

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Afund of funds has investments in 36 hedge funds. at the end of the year, the mean return of the con...

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