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.

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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.
Transcribed Image Text:O d Ⓒ €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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