The average daily volume of a computer stock in 2011 was μ=35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2018 is different from the 2011 level. Based on a random sample of 40 trading days in 2018, he finds the sample mean to be 31.3 million shares, with a standard deviation of s= 13.1 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. (a) State the hypotheses for the test. Ho 35.1 million shares 35.1 million shares H₁ ▼ ▼ D 4
The average daily volume of a computer stock in 2011 was μ=35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2018 is different from the 2011 level. Based on a random sample of 40 trading days in 2018, he finds the sample mean to be 31.3 million shares, with a standard deviation of s= 13.1 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. (a) State the hypotheses for the test. Ho 35.1 million shares 35.1 million shares H₁ ▼ ▼ D 4
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Transcribed Image Text:The average daily volume of a computer stock in 2011 was μ = 35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2018 is different
from the 2011 level. Based on a random sample of 40 trading days in 2018, he finds the sample mean to be 31.3 million shares, with a standard deviation of s= 13.1 million shares.
Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below.
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(a) State the hypotheses for the test.
Ho
▼
35.1 million shares
▼
35.1 million shares
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