Question
Based on the below, test whether the NYSE stocks have larger market values than the NASDAQ stocks at the 5% significance level? Can I ask
Based on the below, test whether the NYSE stocks have larger market values than the NASDAQ stocks at the 5% significance level? Can I ask for the explanation to be conducted on Excel (using Excel data analysis if applicable). Thanks.
F-Test Two-Sample for Variances
NYSE Market Cap
Mean: 12,091.945
Variance: 619,088,537.819
Observations: 56
df: 55
F: 45.617
P(f<=f) one-tail (p-value): 0
F Critical one tail: 1.626
NASDAQ Market Cap
Mean: 2,568.587
Variance: 13,571,445.312
Observations: 44
df: 53
Since the p-value of 0.0000 < 0.05 , we reject the null hypothesis and the result is statistically significant. Thus there is enough sufficient evidence to conclude that the variance of market cap for the stocks listed on the NYSE and NASDAQ are not equal.
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