Question
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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