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Seven percent of mutual fund investors rate corporate stocks “very safe," 58% rate them "somewhat safe," 24% rate them “not very safe," 4% rate them “not at all safe," and 7% are “not sure." A BusinessWeek/Harris poll asked 529 mutual fund investors how they would rate corporate bonds on safety. The responses are as follows. Safety Rating Frequency Very safe Somewhat safe Not very safe Not at all safe 48 323 79 16 Not sure 63 Total 529 Do mutual fund investors' attitudes toward corporate bonds differ from their attitudes to- ward corporate stocks? Support your conclusion with a statistical test. Use a = .01.

Seven percent of mutual fund investors rate corporate stocks “very safe," 58% rate them "somewhat safe," 24% rate them “not very safe," 4% rate them “not at all safe," and 7% are “not sure." A BusinessWeek/Harris poll asked 529 mutual fund investors how they would rate corporate bonds on safety. The responses are as follows. Safety Rating Frequency Very safe Somewhat safe Not very safe Not at all safe 48 323 79 16 Not sure 63 Total 529 Do mutual fund investors' attitudes toward corporate bonds differ from their attitudes to- ward corporate stocks? Support your conclusion with a statistical test. Use a = .01.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 13CYU
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27. Seven percent of mutual fund investors rate corporate stocks “very safe," 58% rate them "somewhat safe," 24% rate them “not very safe," 4% rate them “not at all safe," and 7% are “not sure." A BusinessWeek/Harris poll asked 529 mutual fund investors how they would rate corporate bonds on safety. The responses are as follows. Safety Rating Frequency Very safe Somewhat safe 48 323 79 Not very safe Not at all safe 16 Not sure 63 Total 529 Do mutual fund investors' attitudes toward corporate bonds differ from their attitudes to- ward corporate stocks? Support your conclusion with a statistical test. Use a = .01.
Transcribed Image Text:27. Seven percent of mutual fund investors rate corporate stocks “very safe," 58% rate them "somewhat safe," 24% rate them “not very safe," 4% rate them “not at all safe," and 7% are “not sure." A BusinessWeek/Harris poll asked 529 mutual fund investors how they would rate corporate bonds on safety. The responses are as follows. Safety Rating Frequency Very safe Somewhat safe 48 323 79 Not very safe Not at all safe 16 Not sure 63 Total 529 Do mutual fund investors' attitudes toward corporate bonds differ from their attitudes to- ward corporate stocks? Support your conclusion with a statistical test. Use a = .01.
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