Over the past 100 days, the price of a certain stock went up on 60 days and

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Over the past 100 days, the price of a certain stock went up on 60 days and went down on 40 days. Explain why these data should not be used to test the claim that this stock price goes down on less than half of the days.

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Elementary Statistics

ISBN: 9781259969454

3rd Edition

Authors: William Navidi, Barry Monk

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