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A financial analyst is interested in determining if an investor's portfolio value is a determiner of whether they buy and sell stocks online (or trade
A financial analyst is interested in determining if an investor's portfolio value is a determiner of whether they buy and sell stocks online (or trade online), A random sample of 348 investors, each with a portfolio value of less than $100,000 was taken. Similarly, a random sample of 226 individuals having a portfolio value of at least $100,000 was taken. The results are given in the table below. Portfolio n Number of online traders less than $100,000348 at least $100,000 226 132 65 Do the chosen samples suggest that the percentage of investors with portfolios of less than $100,000 who trade online differs from the percentage of investors with portfolios of at least $100,000 in value who trade online? (a) Formulate the appropriate statistical hypotheses. A. Ho pe100 P2100 HA P <100> P100. P2100 HA P <100 online
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