hard · FRM Part 1

An analyst reports a 95% confidence interval for a hedge ratio as [0.72, 0.88].

Based on this interval, can the null hypothesis H_0: β_1 = 0.90 be rejected at the 5% significance level?

  1. Yes, but only if the sample size is greater than 30.
  2. No, because the interval is centered at 0.80, which is positive.
  3. Yes, because 0.90 lies outside the confidence interval.
  4. No, because 0.90 is close to the upper bound of 0.88.

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