An investment advisor claims that 70 % of the stocks she recommends will increase in price. Suppose

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An investment advisor claims that 70 % of the stocks she recommends will increase in price. Suppose testing a random sample of 125 stocks she recommends reveals that 75 have increased in price. Test her claim at the 10 % level of significance.

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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