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 makıng 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 78 stocks traded on the NYSE that day showed that 21 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 a 0.001. 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.) 19 p-value = The p-value is.. less than (or equal to) o greater than a This test statistic leads to a decision to... reject the nul1 a

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 makıng 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 78 stocks traded on the NYSE that day showed that 21 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 a 0.001. 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.) 19 p-value = The p-value is.. less than (or equal to) o greater than a This test statistic leads to a decision to... reject the nul1 a

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 26PPS

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