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Randomly pick eight stocks from the newspaper. Using two consecutive days' business sections, test whether the stocks went down, on average, for the second day.

Randomly pick eight stocks from the newspaper. Using two consecutive days' business sections, test whether the stocks went down, on average, for the second day.

Stocks

2/21=X1

2/22=X2

GOOG

1518.15

1485.11

GOOGL

1516.99

1483.64

FB

214.58

210.18

T

38.61

38.51

DIS

140.37

138.97

VZ

58.09

58.20

CMCSA

42.02

45.82

NFLX

386.00

380.07

CHTR

539.22

535.34

TMUS

99.50

98.57

MEAN

455.353

447.441

1. H0:

2. Ha:

3. In words, define the random variable =

4. The distribution to use for the test is

5. The test statistic is

6. Draw a graph and label it appropriately. Shade the actual level of significance.

a. Graph:

b. Calculate the p-value:

7. Because the p-value

8. clear conclusion using a complete sentence.

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