Stocks and Mutual Fund Ownership It has been found that 50.8% of U.S. households own stocks and mutual funds. A random sample of 300 heads of households indicated that 173 owned some type of stock. At what level of significance would you conclude that this was a significant difference? Use the P-value method.  (a) State the hypotheses and identify the claim. H0:  claim/ do not claim▼(Choose one) H1:  claim/do not claim▼(Choose one) This hypothesis test is/is not a ▼(Choose one) test.       b) Compute the test value. Always round z score values to at least two decimal places. z= c) Find the P-value. Round your answer to at least four decimal places. P-value=   (d) At what level of significance is this a significant difference? Reject H0 for any significance level ▼(Choose one) than the  P-value is, but fail to reject otherwise.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Stocks and Mutual Fund Ownership It has been found that 50.8% of U.S. households own stocks and mutual funds. A random sample of 300 heads of households indicated that 173 owned some type of stock. At what level of significance would you conclude that this was a significant difference? Use the
P-value method.

 (a) State the hypotheses and identify the claim.

H0:  claim/ do not claim▼(Choose one)
H1:  claim/do not claim▼(Choose one)
This hypothesis test is/is not a ▼(Choose one) test.
 
 
 

b) Compute the test value. Always round z score values to at least two decimal places.

z=

c) Find the P-value. Round your answer to at least four decimal places.

P-value=
 

(d) At what level of significance is this a significant difference?

Reject H0 for any significance level ▼(Choose one) than the 
P-value is, but fail to reject otherwise.
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