Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day. A sample of 59 stocks traded on the NYSE that day showed that 7 went up. You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3. You use a significance level of a = 0.01. What is the test statistic for this sample? Use p rounded to 4 decimal places. (Report answer accurate to 4 decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to 4 decimal places.) p-value= *** The p-value is... O less than (or equal to) a O greater than a This p-value leads to a decision to.... O reject the null O accept the null O fail to reject the null As such, the final conclusion is that.... O There is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is less than 0.3. O There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is less than 0.3. O The sample data support the claim that the proportion of stocks that went up is is less than 0.3. O There is not sufficient sample evidence to support the claim that the proportion of stocks that went up is is less than 0.3.
Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day. A sample of 59 stocks traded on the NYSE that day showed that 7 went up. You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3. You use a significance level of a = 0.01. What is the test statistic for this sample? Use p rounded to 4 decimal places. (Report answer accurate to 4 decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to 4 decimal places.) p-value= *** The p-value is... O less than (or equal to) a O greater than a This p-value leads to a decision to.... O reject the null O accept the null O fail to reject the null As such, the final conclusion is that.... O There is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is less than 0.3. O There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is less than 0.3. O The sample data support the claim that the proportion of stocks that went up is is less than 0.3. O There is not sufficient sample evidence to support the claim that the proportion of stocks that went up is is less than 0.3.
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. On January 31, 2006, 9 of the 30 stocks making up the DJIA
increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst
claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the
same day.
What is the p-value for this sample? (Report answer accurate to 4 decimal places.)
p-value=
A sample of 59 stocks traded on the NYSE that day showed that 7 went up.
You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3.
You use a significance level of a = 0.01.
O less than (or equal to) a
O greater than a
What is the test statistic for this sample? Use p rounded to 4 decimal places. (Report answer accurate to 4
decimal places.)
test statistic =
This p-value leads to a decision to...
O reject the null
O accept the null
O fail to reject the null
ctcLink
Type here to search
Home
Project Zomboid M... GeoGebra - the wor...
O POLARES
As such, the final conclusion is that....
O There is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went
up is is less than 0.3.
E 21
O There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that
went up is is less than 0.3.
O The sample data support the claim that the proportion of stocks that went up is is less than 0.3.
O There is not sufficient sample evidence to support the claim that the proportion of stocks that went
up is is less than 0.3.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F402afc63-9cac-4d1f-a06a-b4853df74aca%2Ff4a86223-5ea4-49a8-b667-890ad6d64169%2Fj9kwjm7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:O
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€83
Ezra Mill X
GeoGeb X
<> C û www.myopenmath.com/assess2/
O My files - OneDrive South Puget Sound... Funimation - Watch... Sy Graphing Calculato... m HBO Max
Chief Be X
ww
crack ho X
The p-value is...
My files X Homepa X
Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good
barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA
increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst
claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the
same day.
What is the p-value for this sample? (Report answer accurate to 4 decimal places.)
p-value=
A sample of 59 stocks traded on the NYSE that day showed that 7 went up.
You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3.
You use a significance level of a = 0.01.
O less than (or equal to) a
O greater than a
What is the test statistic for this sample? Use p rounded to 4 decimal places. (Report answer accurate to 4
decimal places.)
test statistic =
This p-value leads to a decision to...
O reject the null
O accept the null
O fail to reject the null
ctcLink
Type here to search
Home
Project Zomboid M... GeoGebra - the wor...
O POLARES
As such, the final conclusion is that....
O There is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went
up is is less than 0.3.
E 21
O There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that
went up is is less than 0.3.
O The sample data support the claim that the proportion of stocks that went up is is less than 0.3.
O There is not sufficient sample evidence to support the claim that the proportion of stocks that went
up is is less than 0.3.
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