Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Let x be a random variable representing dividend yield of Australian bank stocks. We may assume that x has a normal distribution with a =

image text in transcribed
Let x be a random variable representing dividend yield of Australian bank stocks. We may assume that x has a normal distribution with a = 2.1%. A random sample of 25 Australian bank stocks has a sample mean of x = 8.77%. For the entire Australian stock market, the mean dividend yield is # =5%. Do these data indicate that the dividend yield of all Australian bank stocks is higher than 5%? Use a = 0.1. Are the data statistically significant at the given level of significance? Based on your answers, will you reject or fail to reject the null hypothesis? The P-value is less than the level of significance and so the data are not statistically significant. Thus, we fail to reject the null hypothesis. The P-value is less than the level of significance and so the data are statistically significant. Thus, we fail to reject the null hypothesis. The P-value is greater than the level of significance and so the data are statistically significant. Thus, we fail to reject the null hypothesis. The P-value is greater than the level of significance and so the data are not statistically significant. Thus, we fail to reject the null hypothesis. O The P-value is less than the level of significance and so the data are statistically significant. Thus, we reject the null hypothesis

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Calculus

Authors: R Creighton Buck

3rd Edition

147861613X, 9781478616139

More Books

Students also viewed these Mathematics questions