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A company claims that the average change in the value of their stock is $3.50 per week. An investor believes this average is too high.
A company claims that the average change in the value of their stock is $3.50 per week. An investor believes this average is too high. The investor records the changes in the company's stock price over 30 weeks and finds the average change in the stock price is $2.60 with a standard deviation of $1.80. At the 5% significance level, is the average change in the company's stock price lower than the company claims? What is the p-value? Question 4 options: Average change in company's stock value is higher than what the company claims and the p-value is 0.0636 Average change in company's stock value is lower than what the company claims and the p-value is 0.0636 Average change in company's stock value is what the company claims and the p-value is 0.0636 Average change in company's stock value is higher than what the company claims and the p-value is 0.742
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