Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. A sample of 51 stocks traded on the NYSE on February 1, 2005 showed that 22 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 = 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 =

Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. A sample of 51 stocks traded on the NYSE on February 1, 2005 showed that 22 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 = 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 =

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

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.3: Measures Of Spread

Problem 1GP

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