Netflix stock prices have climbed since it was first introduced in 2002. A stock broker is interested in estimating the mean opening price for one share of Netflix stock. To do this, a random sample of 51 days from 2014 was taken, and the opening price of one share of the stock was recorded. The sample data is summarized in the StatCrunch output: Summary statistics: Column п Мean Q1 Std. dev. Median Range Min Opening Price 51 409.6449 49.881232 428.19 166.49 317.16 483.65 365.66 448.69 Маx Q3 Two-tail probability One-tail probability 0.01 0.005 0.20 0.10 0.05 0.02 0.10 0.05 0.025 0.01 df 30 32 1.310 1.309 1.697 2.042 2.037 2.030 2.457 2.449 2.438 2.750 2.738 2.725 1.694 35 40 45 1.306 1.303 1.301 1.690 2.704 2.690 1.684 2.021 2.423 1.679 2.014 2.412 50 60 75 100 120 1.299 1.296 1.293 1.290 1.289 1.676 1.671 1.665 1.660 1.658 2.009 2.000 1.992 1.984 2.403 2.390 2.377 2.364 2.358 2.678 2.660 2.643 2.626 2.617 1.980 • With 99% confidence, we estimate the mean opening price for a share of Netflix stocki is between $ • In October 2014, HBO announced it will offer a stand-alone streaming service in 2015. Since the announcement, the mean opening price of a share of Netflix stock was $374.9019. Based on the interval above, does it seem that HBO's announcement has had an effect on Netflix stock? and $ . (Round the limits of your interval to 4 decimal places.) The price of Netflix stock has dropped since the announcement by HBO. The price of Netflix stock has risen since the announcement by HBO. The HBO announcement seems to have had no effect on the price of Netflix stock. • Based on the histogram below, would you expect to see a linear or non-linear pattern if a qq-plot were constructed for this data? The qq-plot would be non-linear because the histogram is not normally distributed. The qg-plot would be linear because the histogram is normally distributed. The qq-plot would be linear because the histogram is not normally distributed. The qq-plot would be non-linear because the histogram is normally distributed.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question
Netflix stock prices have climbed since it was first introduced in 2002. A stock broker is interested in estimating the mean opening price for one share of Netflix stock. To do this, a random sample of 51 days from 2014 was taken, and the
opening price of one share of the stock was recorded. The sample data is summarized in the StatCrunch output:
Summary statistics:
Column
Std. dev. Median Range
Min
Маx
Q3
Opening Price 51 409.6449 49.881232 428.19 166.49 317.16 483.65 365.66 448.69
Mean
Q1
0.05
0.02
0.01
Two-tail probability
One-tail probability
0.20
0.10
0.10
0.05
0.025
0.01
0.005
df
30
1.310
1.697
2.042
2.457
2.750
32
1.309
1.694
2.037
2.449
2.738
35
1.306
1.690
2.030
2.438
2.725
40
1.303
1.684
2.021
2.423
2.704
45
1.301
1.679
2.014
2.412
2.690
50
1.299
1.676
2.009
2.403
2.678
60
1.296
1.671
2.000
2.390
2.660
1.293
1.290
2.643
2.626
75
1.665
1.992
2.377
100
1.660
1.984
2.364
120
1.289
1.658
1.980
2.358
2.617
• With 99% confidence, we estimate the mean opening price for a share of Netflix stocki is between $
• In October 2014, HBO announced it will offer a stand-alone streaming service in 2015. Since the announcement, the mean opening price of a share of Netflix stock was $374.9019. Based on the interval above, does it seem that HBO's
announcement has had an effect on Netflix stock?
and $
(Round the limits of your interval to 4 decimal places.)
The price of Netflix stock has dropped since the announcement by HBO.
O The price of Netflix stock has risen since the announcement by HBO.
The HBO announcement seems to have had no effect on the price of Netflix stock.
• Based on the histogram below, would you expect to see a linear or non-linear pattern if a qq-plot were constructed for this data?
OThe qq-plot would be non-linear because the histogram is not normally distributed.
The qq-plot would be linear because the histogram is normally distributed.
The qq-plot would be linear because the histogram is not normally distributed.
The qq-plot would be non-linear because the histogram is normally distributed.
Transcribed Image Text:Netflix stock prices have climbed since it was first introduced in 2002. A stock broker is interested in estimating the mean opening price for one share of Netflix stock. To do this, a random sample of 51 days from 2014 was taken, and the opening price of one share of the stock was recorded. The sample data is summarized in the StatCrunch output: Summary statistics: Column Std. dev. Median Range Min Маx Q3 Opening Price 51 409.6449 49.881232 428.19 166.49 317.16 483.65 365.66 448.69 Mean Q1 0.05 0.02 0.01 Two-tail probability One-tail probability 0.20 0.10 0.10 0.05 0.025 0.01 0.005 df 30 1.310 1.697 2.042 2.457 2.750 32 1.309 1.694 2.037 2.449 2.738 35 1.306 1.690 2.030 2.438 2.725 40 1.303 1.684 2.021 2.423 2.704 45 1.301 1.679 2.014 2.412 2.690 50 1.299 1.676 2.009 2.403 2.678 60 1.296 1.671 2.000 2.390 2.660 1.293 1.290 2.643 2.626 75 1.665 1.992 2.377 100 1.660 1.984 2.364 120 1.289 1.658 1.980 2.358 2.617 • With 99% confidence, we estimate the mean opening price for a share of Netflix stocki is between $ • In October 2014, HBO announced it will offer a stand-alone streaming service in 2015. Since the announcement, the mean opening price of a share of Netflix stock was $374.9019. Based on the interval above, does it seem that HBO's announcement has had an effect on Netflix stock? and $ (Round the limits of your interval to 4 decimal places.) The price of Netflix stock has dropped since the announcement by HBO. O The price of Netflix stock has risen since the announcement by HBO. The HBO announcement seems to have had no effect on the price of Netflix stock. • Based on the histogram below, would you expect to see a linear or non-linear pattern if a qq-plot were constructed for this data? OThe qq-plot would be non-linear because the histogram is not normally distributed. The qq-plot would be linear because the histogram is normally distributed. The qq-plot would be linear because the histogram is not normally distributed. The qq-plot would be non-linear because the histogram is normally distributed.
• With 99% confidence, we estimate the mean opening price for a share of Netflix stocki is between $
• In October 2014, HBO announced it will offer a stand-alone streaming service in 2015. Since the announcement, the mean opening price of a share of Netflix stock was $374.9019. Based on the interval above, does it seem that HBO's
announcement has had an effect on Netflix stock?
and $
. (Round the limits of your interval to 4 decimal places.)
The price of Netflix stock has dropped since the announcement by HBO.
OThe price of Netflix stock has risen since the announcement by HBO.
The HBO announcement seems to have had no effect on the price of Netflix stock.
• Based on the histogram below, would you expect to see a linear or non-linear pattern if a qq-plot were constructed for this data?
The qq-plot would be non-linear because the histogram is not normally distributed.
The qq-plot would be linear because the histogram is normally distributed.
The qq-plot would be linear because the histogram is not normally distributed.
The qq-plot would be non-linear because the histogram is normally distributed.
Frequency
15
10-
300
350
400
450
500
Opening Price
Transcribed Image Text:• With 99% confidence, we estimate the mean opening price for a share of Netflix stocki is between $ • In October 2014, HBO announced it will offer a stand-alone streaming service in 2015. Since the announcement, the mean opening price of a share of Netflix stock was $374.9019. Based on the interval above, does it seem that HBO's announcement has had an effect on Netflix stock? and $ . (Round the limits of your interval to 4 decimal places.) The price of Netflix stock has dropped since the announcement by HBO. OThe price of Netflix stock has risen since the announcement by HBO. The HBO announcement seems to have had no effect on the price of Netflix stock. • Based on the histogram below, would you expect to see a linear or non-linear pattern if a qq-plot were constructed for this data? The qq-plot would be non-linear because the histogram is not normally distributed. The qq-plot would be linear because the histogram is normally distributed. The qq-plot would be linear because the histogram is not normally distributed. The qq-plot would be non-linear because the histogram is normally distributed. Frequency 15 10- 300 350 400 450 500 Opening Price
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 7 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman