Question number 3

A financial advisor wants to know whether there is a significant difference between NYSE and NASDAQ markets in the annual dividend rates for preferred stocks. A of 30 returns is selected from each market. Assume the two samples are random an independent. Test the claim that there is no difference in the annual dividend rates two markets. Use a = 0.05. Expaln how you computed the sample means and standard deviations. Suggestion Excel NASDAQ 2.00 1.02 2.11 2.56 2.15 0.93 0.91 1.67 1.88 2.13 2.44 1.97 2.00 1.81 2.25 1.72 1.75 1.05 0.90 2.34 0.51 1.00 2.25 0.85 1.50 2.33 1.59 2.25 0.23 1.63 NYSE 1.46 3.00 1.74 5.19 1.69 1.88 2.85 2.00 2.19 2.03 1.81 5.00 1.72 3.38 2.09 4.50 3.07 1.97 1.78 1.50 1.97 4.65 3.12 2.19 2.19 3.50 1.56 4.10 3.00 4.40 2