The tabiet the nght clasfesastoc prce change an up, down, or no change for boh today's and yesterdays prices. Price changes were eamined o 101 days. Aancial theory states that the price change of today for a stock must be independert of yesterday's price thange Tet the hypothese that daly stock price changes for this stock are ndependent Let002s Price Change Today Up No Change Down Price Change Previoun Day Up No Change Down 16 11 14 13 12 Determine the nu and atemative hypotheses tor the test. Choose he comet anwer telow DAHToday's prce change and yesterday's price change have equal proportions H Today's price change and yestenday's price change have non equl proportions ORH Today's pice change and yesterdays price change have nonegual proportions. M Today's prce change and yesterday's price change heve egal proportions H Today's pe change and yesterday's price change are independent H Today's price change and yesterday's pnce change are not ndependent. CB H Todays price change and yestenday's price change are net ndependent HToday's price change and yesterday's price change are independent Caloulate the teat statistie 2-Round to four decimal places as needed)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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The tabie to the right clasifes a stoc's price change as up, down, or no change for both today's and yesterdays prices. Price changes
were esamined for 101 days. A fnancial theory states that the price change of today for a stock must be independent of yesterday's prioe
change Teet the hypothesis that daily stock price changes for this stock are independent. Let a0.025.
Price Change Previous
Day
Up No Chanue Down
18
Price
Change
Today
Up
No Change 9
11
Down
14
13
12
Delermine the nul and atemative hypotheses for the test. Choose the comect answer below
DA H Todays prce change and yesterday's price change have equal proportions
HA Today's price change and yesterday's price change have non equal proportions
ORH Today's price change and yesterday's price change have non-equal proportons.
H Today's price change and yesterday's price change have equal proportions
E H Today' price change and yesterday's price change are independent
HA Today's price change and yesterday's price change are not independent.
OB H Today's price change and yesterday's price change are not independent
Ha Todays price change and yesterday's price change are independent
Colculate the test statistic
2-Round to four decimal places as needed.)
Transcribed Image Text:The tabie to the right clasifes a stoc's price change as up, down, or no change for both today's and yesterdays prices. Price changes were esamined for 101 days. A fnancial theory states that the price change of today for a stock must be independent of yesterday's prioe change Teet the hypothesis that daily stock price changes for this stock are independent. Let a0.025. Price Change Previous Day Up No Chanue Down 18 Price Change Today Up No Change 9 11 Down 14 13 12 Delermine the nul and atemative hypotheses for the test. Choose the comect answer below DA H Todays prce change and yesterday's price change have equal proportions HA Today's price change and yesterday's price change have non equal proportions ORH Today's price change and yesterday's price change have non-equal proportons. H Today's price change and yesterday's price change have equal proportions E H Today' price change and yesterday's price change are independent HA Today's price change and yesterday's price change are not independent. OB H Today's price change and yesterday's price change are not independent Ha Todays price change and yesterday's price change are independent Colculate the test statistic 2-Round to four decimal places as needed.)
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