The New York Stock Exchange has reported that the average number of stocks directly held by senior

Question:

The New York Stock Exchange has reported that the average number of stocks directly held by senior citizens is 4.3, compared to 2.0 stocks for “Baby Boomers.” Assume that data file XR11014 contains the number of stocks held by persons sampled from each age group. Based on the results of a two-tail test at the 0.10 level, comment on whether the difference between the sample means could have simply occurred by chance. Identify and interpret the p-value for the test.

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...