A company's price/earnings (P/E) ratio is the company's current stock price divided by the latest 12 months' earnings per share. Suppose the following table shows the P/E ratios for a sample of 10 Japanese companies and 12 U.S. companies. United States P/E Ratio Japan P/E Ratio 152 28 19 127 38 212 65 664 32 69 16 25 25 42 23 Find the value of the test statistic. W-15.16 x 15 28 15 28 39 17 15 Is the difference between the P/E ratios for the two countries significant? Use the MWW test and a 0.01 to support your conclusion. = State the null and alternative hypotheses. Ho: The two populations of P/E ratios are identical. H₂: The two populations of P/E ratios are not identical. O Ho: Median for Japanese companies - Median for U.S. companies 20 H₁: Median for Japanese companies - Median for U.S. companies < 0 O Ho: Median for Japanese companies - Median for U.S. companies ≤ 0 H₂: Median for Japanese companies - Median for U.S. companies > 0 O Ho: Median for Japanese companies - Median for U.S. companies > 0 H₂: Median for Japanese companies - Median for U.S. companies = 0 O Ho: The two populations of P/E ratios are not identical. H₂: The two populations of P/E ratios are identical. Find the p-value. (Round your answer to four decimal places.) p-value = 0.0024 x
A company's price/earnings (P/E) ratio is the company's current stock price divided by the latest 12 months' earnings per share. Suppose the following table shows the P/E ratios for a sample of 10 Japanese companies and 12 U.S. companies. United States P/E Ratio Japan P/E Ratio 152 28 19 127 38 212 65 664 32 69 16 25 25 42 23 Find the value of the test statistic. W-15.16 x 15 28 15 28 39 17 15 Is the difference between the P/E ratios for the two countries significant? Use the MWW test and a 0.01 to support your conclusion. = State the null and alternative hypotheses. Ho: The two populations of P/E ratios are identical. H₂: The two populations of P/E ratios are not identical. O Ho: Median for Japanese companies - Median for U.S. companies 20 H₁: Median for Japanese companies - Median for U.S. companies < 0 O Ho: Median for Japanese companies - Median for U.S. companies ≤ 0 H₂: Median for Japanese companies - Median for U.S. companies > 0 O Ho: Median for Japanese companies - Median for U.S. companies > 0 H₂: Median for Japanese companies - Median for U.S. companies = 0 O Ho: The two populations of P/E ratios are not identical. H₂: The two populations of P/E ratios are identical. Find the p-value. (Round your answer to four decimal places.) p-value = 0.0024 x
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![A company's price/earnings (P/E) ratio is the company's current stock price divided by the latest 12 months' earnings per share. Suppose the following table shows the P/E ratios for a sample of 10 Japanese companies and 12 U.S. companies.
Japan
P/E Ratio
152
28
19
127
38
212
65
664
32
69
United States
P/E Ratio
16
25
25
42
23
Find the value of the test statistic.
W = 15.16
X
15
28
15
28
39
17
15
Is the difference between the P/E ratios for the two countries significant? Use the MWW test and α = 0.01 to support your conclusion.
State the null and alternative hypotheses.
Ho: The two populations of P/E ratios are identical.
H₂: The two populations of P/E ratios are not identical.
O Ho: Median for Japanese companies - Median for U.S. companies 20
H₂: Median for Japanese companies - Median for U.S. companies < 0
O Ho: Median for Japanese companies - Median for U.S. companies ≤ 0
H₂: Median for Japanese companies - Median for U.S. companies > 0
O Ho: Median for Japanese companies - Median for U.S. companies > 0
H₂: Median for Japanese companies - Median for U.S. companies = 0
O Ho: The two populations of P/E ratios are not identical.
H₂: The two populations of P/E ratios are identical.
Find the p-value. (Round your answer to four decimal places.)
p-value = 0.0024
x](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9402dae5-21a3-4dc7-9cf5-c78b86597c29%2Fea9e60ff-fefa-436f-81e1-17d0f953974b%2Fi0041y_processed.png&w=3840&q=75)
Transcribed Image Text:A company's price/earnings (P/E) ratio is the company's current stock price divided by the latest 12 months' earnings per share. Suppose the following table shows the P/E ratios for a sample of 10 Japanese companies and 12 U.S. companies.
Japan
P/E Ratio
152
28
19
127
38
212
65
664
32
69
United States
P/E Ratio
16
25
25
42
23
Find the value of the test statistic.
W = 15.16
X
15
28
15
28
39
17
15
Is the difference between the P/E ratios for the two countries significant? Use the MWW test and α = 0.01 to support your conclusion.
State the null and alternative hypotheses.
Ho: The two populations of P/E ratios are identical.
H₂: The two populations of P/E ratios are not identical.
O Ho: Median for Japanese companies - Median for U.S. companies 20
H₂: Median for Japanese companies - Median for U.S. companies < 0
O Ho: Median for Japanese companies - Median for U.S. companies ≤ 0
H₂: Median for Japanese companies - Median for U.S. companies > 0
O Ho: Median for Japanese companies - Median for U.S. companies > 0
H₂: Median for Japanese companies - Median for U.S. companies = 0
O Ho: The two populations of P/E ratios are not identical.
H₂: The two populations of P/E ratios are identical.
Find the p-value. (Round your answer to four decimal places.)
p-value = 0.0024
x
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