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Charles Schwab's financial analyst sampled the following two shares to compare dividend income for shares listed on two stock markets: Test the average dividend yield

Charles Schwab's financial analyst sampled the following two shares to compare dividend income for shares listed on two stock markets: Test the average dividend yield of the two markets at a 5% significance level to see if they differ. (Z0.025=1.96, t(40,0.025)=2.31 , t(44,0.025)=2.32, F(20, 24, 0.025)=2.3, F(24,20,0.025)=2.41)

+ Number of Samples Average- Standard Deviations NYSE 21 3.272 1.30- NASDAQ 254 2.534 1.16

NYSE NASDAQ Number of Samples 21 25 2.53 Average Standard Deviations 3.27 1.30 1.16 NYSE NASDAQ Number of Samples 21 25 2.53 Average Standard Deviations 3.27 1.30 1.16

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