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- Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.A sample of 64 stocks traded on the NYSE that day showed that 24 went up.You are conducting a study to see if the proportion of stocks that went up is significantly more than 0.3. You use a significance level of α=0.01α=0.01.What is the test statistic for this sample? (Report answer accurate to three decimal places.)test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.)p-value = The p-value is... less than (or equal to) αα greater than αα This test statistic leads to a decision to... reject the null accept the null fail to…Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.A sample of 80 stocks traded on the NYSE that day showed that 11 went up.You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3. You use a significance level of α=0.02α=0.02.What is the test statistic for this sample? (Report answer accurate to three decimal places.)test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.)p-value = The p-value is... less than (or equal to) αα greater than αα This test statistic leads to a decision to... reject the null accept the null fail…Ralph Lauren Corporation (RL) designs, markets, and distributes a variety of apparel, home décor, accessory, and fragrance products. The company’s products include such brands as Ralph Lauren, Polo by Ralph Lauren, and Chaps. For two recent years, the company reported the following (in millions): Year 2 Year 1 Sales $7,230 $7,451 Accounts receivable (end of year) 517 655 The accounts receivable at the beginning of Year 1 was $588 million. a. Compute the accounts receivable turnover for Year 1 and Year 2. Round to one decimal place. Year 1 Year 2 Accounts Receivable Turnover fill in the blank 1 fill in the blank 2 b. Compute the number of days’ sales in receivables for Year 1 and Year 2. Use 365 days and round all calculations to one decimal place. Year 1 Year 2 Number of Days’ Sales in Receivables fill in the blank 3 days fill in the blank 4 days
- In February 2021, the Chicago Tribune reported:“The overdose epidemic that has ravaged Chicago has not spared the nearby suburbs, some of which have death rates comparable to anything seen in the city, according to a report released this week by the Cook County Department of Public Health. ZIP codes in the towns of Worth, Broadview, Maywood, and Forest Park, areas that “have substantially lower median household incomes and higher poverty rates,” have been especially hard-hit, the report said.”In the article, they claimed that lower incomes were associated with higher overdose death rates and that overdose death rates are increasing over time. The data you have been analyzing wasn’t focused on Chicago, obviously. But do your results support the general gist of the statistical argument being made in this Tribune excerpt? Please address:• Do overdose death rates appear to be associated with per capita income (use scatterplot)?• Do overdose death rates appear to be increasing over time…if in a 2 party race, party 1 is leading in the age category 45 years and under by 10% and that category represents 60% of the electorate and party #2 is leading in the over 45 years by 10% and that category represents 40% of the electorate. Show in percentage the deficit that party 2 needs to make up.Oxford University in England is one of the oldest and most prestigious universities in the world. In 1902, a trust was set up to provide academic awards to American college graduates so they could attend Oxford. The Rhodes Scholarship was named after the primary benefactor of the award, Cecil Rhodes, a British philanthropist who wished to bring students from throughout the world to study at Oxford. Along with an endowment from Rhodes's will, the scholarship continues to be funded by generous benefactors including Canadian businessman John MacBain, who donated almost $120 million dollars to expand the program. The first class of American Rhodes Scholars entered Oxford in 1904. Applying for the Rhodes Scholarship is a rigorous process. Students who wish to apply must first be endorsed by their university. In 2014, 1600 students asked for endorsement but only 877 received it. The strongest applicants are then invited to appear for an interview. Rhodes Scholars are selected based on…
- What are two points of criticism of Milton Friedman's approach to corporate responsibility? Explain each point in depth.Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.A sample of 80 stocks traded on the NYSE that day showed that 26 went up.You are conducting a study to see if the proportion of stocks that went up is is significantly more than 0.3. You use a significance level of α=0.002What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value = The p-value is... less than (or equal to) αα greater than αα This test statistic leads to a decision to... reject the null accept the null fail to…full solutionmanualonly