35. Seven percent of mutual fund investors rate corporate stocks very safe, 58% rate them somewhat safe,
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35. 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 48 Somewhat safe 323 Not very safe 79 Not at all safe 16 Not sure 63 Total 529 Do mutual fund investors’ attitudes toward corporate bonds differ from their attitudes toward corporate stocks? Support your conclusion with a statistical test. Use α .01.
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Related Book For
Essentials Of Statistics For Business And Economics
ISBN: 9780324568608
5th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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