ESSEN OF BUSINESS ANALYTICS (LL)  BOM
ESSEN OF BUSINESS ANALYTICS (LL) BOM
2nd Edition
ISBN: 9781337128629
Author: Camm
Publisher: CENGAGE L
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Chapter 6, Problem 4P

Morningstar publishes ratings data on 1,208 company stocks. A sample of 40 of these stocks is contained in the file named Morningstar. Use the Morningstar data set to answer the following questions.

  1. a. Develop a point estimate of the proportion of the stocks that receive Morningstar’s highest rating of 5 Stars.
  2. b. Develop a point estimate of the proportion of the Morningstar stocks that are rated Above Average with respect to business risk.
  3. c. Develop a point estimate of the proportion of the Morningstar stocks that are rated 2 Stars or less.
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explain the importance of the Hypothesis test in a business setting, and give an example of a situation where it is helpful in business decision making.

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ESSEN OF BUSINESS ANALYTICS (LL) BOM

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