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Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. A sample of 51 stocks traded on the NYSE on February 1, 2005 showed that 22 went up. You are conducting a study to see if the proportion of stocks that went up is is significantly more than 0.3. You use a significance level of = 0.01. What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value =

Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. A sample of 51 stocks traded on the NYSE on February 1, 2005 showed that 22 went up. You are conducting a study to see if the proportion of stocks that went up is is significantly more than 0.3. You use a significance level of = 0.01. What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value =

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. A sample of 51 stocks traded on the NYSE on February 1, 2005 showed that 22 went up. You are conducting a study to see if the proportion of stocks that went up is is significantly more than 0.3. You use a significance level of a = 0.01. What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value : %3D
Transcribed Image Text:Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. A sample of 51 stocks traded on the NYSE on February 1, 2005 showed that 22 went up. You are conducting a study to see if the proportion of stocks that went up is is significantly more than 0.3. You use a significance level of a = 0.01. What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value : %3D
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