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.
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
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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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.
|
|
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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