Pearson eText for An Introduction to Mathematical Statistics and Its Applications -- Instant Access (Pearson+)
6th Edition
ISBN: 9780137549375
Author: Richard Larsen, Morris Marx
Publisher: PEARSON+
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Chapter 12.2, Problem 3Q
An indicator of the value of a stock relative to its earnings is its price-earnings ratio: the average of a given year’s high and low selling prices divided by its annual earnings. The following table provides the price-earnings ratios for a sample of thirty stocks, ten each from the financial, industrial, and utility sectors of the New York Stock Exchange. Test at the 0.01 level that the true mean price-earnings ratios for the three market sectors are the same. Use the computing formulas on p. 588 to find SSTR and SSE. Use the ANOVA table format to summarize the computations; omit the P-value column.
| Financial | Industrial | Utility |
| 7.1 | 26.2 | 14.0 |
| 9.9 | 12.4 | 15.5 |
| 8.8 | 15.2 | 11.9 |
| 8.8 | 28.6 | 10.9 |
| 20.6 | 10.3 | 14.3 |
| 17.7 | 16.7 | 10.8 |
| 15.2 | 19.7 | 16.0 |
| 6.6 | 24.8 | 11.3 |
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Chapter 12 Solutions
Pearson eText for An Introduction to Mathematical Statistics and Its Applications -- Instant Access (Pearson+)
Ch. 12.2 - Prob. 1QCh. 12.2 - Mount Etna erupted in 1669, 1780, and 1865 (recall...Ch. 12.2 - An indicator of the value of a stock relative to...Ch. 12.2 - Each of five varieties of corn are planted in...Ch. 12.2 - Prob. 5QCh. 12.2 - Prob. 6QCh. 12.2 - Prob. 7QCh. 12.2 - Prob. 8QCh. 12.2 - Prob. 9QCh. 12.2 - Verify the conclusion of Example 12.2.2 by doing a...
Ch. 12.2 - Prob. 12QCh. 12.2 - Prob. 13QCh. 12.3 - Prob. 1QCh. 12.3 - Prob. 2QCh. 12.3 - Intravenous infusion fluids produced by three...Ch. 12.3 - Construct 95%Tukey intervals for all ten pairwise...Ch. 12.3 - Prob. 5QCh. 12.3 - Prob. 6QCh. 12.3 - Prob. 7QCh. 12.4 - The cathode warm-up time (in seconds) was...Ch. 12.4 - Test the hypothesis that the average of the true...Ch. 12.4 - In Case Study 12.2.1 test the hypothesis that the...Ch. 12.4 - Prob. 4QCh. 12.4 - Prob. 5QCh. 12.4 - For many years sodium nitrite has been used as a...Ch. 12.5 - Prob. 1QCh. 12.5 - Prob. 2QCh. 12.5 - Three air-to-surface missile launchers are tested...
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