Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day. A sample of 69 stocks traded on the NYSE that day showed that 31 went up. You are conducting a study to see if the proportion of stocks that went up is significantly more than 0.3. You use a significance level of α = 0.05 α = 0.05 . What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value = The p-value is... less than (or equal to) α α greater than α α This test statistic leads to a decision to... reject the null accept the null fail to reject the null As such, the final conclusion is that... There is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is more than 0.3. There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is more than 0.3. The sample data support the claim that the proportion of stocks that went up is more than 0.3. There is not sufficient sample evidence to support the claim that the proportion of stocks that went up is more than 0.3.
Answers
Testing the hypothesis, it is found that:
The test statistic is 2.71.The p-value is 0.0034.The p-value is less than [tex]\alpha[/tex]The test statistic leads to a decision to reject the null hypothesis.The sample data support the claim that the proportion of stocks that went up is more than 0.3.At the null hypothesis, we test if the proportion of stocks that went up is of 0.3, that is:
[tex]H_0: p = 0.3[/tex]
At the alternative hypothesis, we test if the proportion is significantly more than 0.3, that is:
[tex]H_1: p > 0.3[/tex]
The test statistic is given by:
[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1-p)}{n}}}[/tex]
In which:
[tex]\overline{p}[/tex] is the sample proportion. p is the proportion tested at the null hypothesis. n is the sample size.For this problem, the parameters are:
[tex]p = 0.3, n = 69, \overline{p} = \frac{31}{69} = 0.4493[/tex]
The value of the test statistic is:
[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1-p)}{n}}}[/tex]
[tex]z = \frac{0.4493 - 0.3}{\sqrt{\frac{0.3(0.7)}{69}}}[/tex]
[tex]z = 2.71[/tex]
The test statistic is 2.71.
The p-value is the probability of finding a sample proportion of 0.4493 or above, hence, it is 1 subtracted by the p-value of z = 2.71.
Looking at the z-table, z = 2.71 has a p-value of 0.9966.
1 - 0.9966 = 0.0034
The p-value is 0.0034.
Which is less than [tex]\alpha[/tex], and then the test statistic leads to a decision to reject the null hypothesis, and thus:
The sample data support the claim that the proportion of stocks that went up is more than 0.3.
A similar problem is given at https://brainly.com/question/25413788
Related Questions
Viviana sells handmade necklaces for $12.50 and bracelets for $10.50. On Tuesday,
she sold 24 pieces of jewelry and made $288. How many of each type of jewelry did
she sell?
x= Necklaces
y= Bracelets
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Answer:
brainlest = answer
Step-by-step explanation:
When finding the margin of error for the mean of a normally distributed population from a sample, what is the critical probability, assuming a confidence level of 86%? 0. 14 0. 86 0. 93 0. 99.
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The critical probability assuming a confidence level of 86% is;
Option B; 0.86
We are given the confidence level as 86%. This means that the probability of the mean of the normally distributed population being true is 86%.
This means that the critical probability is the value of z at 86% or 0.86
So when we find the value of z at that value, we will use it to get the margin of error.
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A car dealership pays a wholesale price of $12,000 to purchase a vehicle.
The car dealership wants to make a 32% profit.
After the markup, what is the retail price of the vehicle?
Answers
Answer:
$ 15840
Step-by-step explanation:
12000 + 32% = 15840
find the lowest common multiple of: 10 ,15 and 18
Answers
Answer:
90
Step-by-step explanation:
Find the perimeter. Simplify your answer.
Answers
Answer:
4p+23
Step-by-step explanation:
I'm guessing you add all of the sides to get the perimeter, so 4p+5+10+8 is 4p+23.
please help and show work
Answers
Answer:
When solving a rational equation, start by grouping or canceling out like terms. So cancel out x on the numerator and denominator of 2+7x/x. While the equation itself results in a contradictory statement - 5=9, the first step to figuring this out would be canceling out x.
The currency in China is the Yuan. The
exchange rate is approximately $1 for
every 8 Yuan. At this rate, how many
Yuan would you get if you exchanged $10?
Answers
Answer:
80 Yuan for 10 Dollars
Step-by-step explanation:
1 dollar = 8 yuan
10 x 8 = 80
Answer:
80 yuan
Step-by-step explanation:
$1= 8
you have $10
10*8= 80
(08.02 MC)
A pair of equations is shown below:
y = 2x − 1
y = 4x − 5
Part A: In your own words, explain how you can solve the pair of equations graphically. Write the slope and y-intercept for each equation that you will plot on the graph to solve the equations. (6 points)
Part B: What is the solution to the pair of equations? (4 points)
Answers
Answer:
part A
y = 2x -1
the slope is 2/1 means it will be up 2 right 1 or down 2 left 1 the slope is positive
the y-int is -1
y = 4x -5
the slope is 4/1 means it will be up 4 right 1 or down 4 left 1 the slope is positive
the y-int is -5
part B
the solution to this is (2,3)
Step-by-step explanation:
Answer:
Part A:
y = 2x - 1
Slope = 2/1
Y intercept = -1
y = 4x -5
Slope = 4/1
Y intercept = -5
Part B:
x = 2 y = 3
Step-by-step explanation:
Part A: To solve the pair of equations graphically, we need to plot the 2 lines on a graph, and look at where they intercept. Then we draw a vertical line from the intersection to the x axis and we know what x is equal to. Laslty, we draw another line (horizontal) from the intersetcion to the y axis and we know what y is equal to.
Equation of a line: y = mx + c
where mx is the slope and c is the y intercept
y = 2x - 1
Slope = 2/1 -- 2 divided by 1 because it goes 2 squares up and 1 to the right
y intercept = -1
y = 4x - 5
Slope = 4/1
y intercept = -5
Part B:
Solving for x:
Since we know that y = 2x - 1 but also 4x - 5, then:
2x - 1 = 4x - 5
2x + 4 = 4x
4 = 2x
x = 2
Solving for y:
Since we know that x = 2, we just have to replace it in one of the two equations, let's say y = 2x - 1. This would give us:
y = 2 x 2 - 1
y = 4 - 1
y = 3
Cindy made a scale drawing of a game room. The pool table, which is 8 feet long in real life,
is 4 inches long in the drawing. What is the scale of the drawing?
1 inch:
feet
Answers
Answer:
1 inch = 2 feet
Step-by-step explanation:
Answer:
1 inch ÷ 2 feetStep-by-step explanation:
According to given:
8 feet → 4 inDivide both by 4 to get the scale of drawing:
8/4 feet → 4/4 in2 feet → 1 inA fundamental basis of regression analysis is the assumption of a. the lack of a relationship between independent variables. b. a curvilinear relationship between two weakly associated dependent variables. c. a uniform normal distribution between dependent variables. d. a straight-line relationship between the independent and dependent variables. e. the existence of two independent variables for every dependent variable.
Answers
The correct answer is E. A fundamental basis of regression analysis is the assumption of the existence of two independent variables for every dependent variable.
Regression analysis is a statistical method that examines the dependence of a response variable on selected explanatory variables.
When studying the dependence between quantities and trying to describe a given functional dependence on a given formula, it is assumed that the dependence consists of a precisely determinable component and a random component. The relationship with this assumption is called the regression model.
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In each figure, solve for x
Answers
angles in a triangle add to 180°
180-76=104
180-104=76
x=76
please dont give a useless answer
Answers
Answer:
[tex]\frac{7}{10} ,0.7[/tex]
Reasoning:
Do the inverse of adding 4/5 to isolate and find a.
[tex]1\frac{1}{2} - \frac{4}{5} =\frac{7}{10}[/tex]
Decimal Form:
[tex]1.5-0.8=0.7[/tex]
Answer:
a = 0.7 = 7/10
Step-by-step explanation:
Subtract 4/5 from both sides.
a + 4/5 = 1 1/2
a + 0.8 = 1.5
a + 0.8 -0.8 = 1.5 -0.8 . . . . subtract 4/5 from both sides
a = 0.7 = 7/10
_____
If you like, you can solve this a couple of other ways:
1) Solve it as an integer problem.
10a +8 = 15 . . . . . . multiply the given equation by 10 to clear fractions
10a = 7 . . . . . . . . subtract 8
a = 7/10 . . . . . . divide by 10
2) Use a common denominator
a +8/10 = 1 5/10
a = 1 5/10 -8/10 . . . . . subtract 8/10
a = 15/10 -8/10 = (15 -8)/10 = 7/10 . . . . . convert to improper fraction
__
Additional comment
It is a good idea to get comfortable working with numbers in any form in which they are presented: decimal, fraction, mixed number, scientific notation, percentage. Knowing how to convert between forms is essential.
Solve this. c+5.96=6.76
Answers
Answer:
c=0.8
Step-by-step explanation:
Step 1: Subtract 5.96 from both sides.
c+5.96−5.96=6.76−5.96
c=0.8
PLEASE HELP RLLY NEED ANSWER
Angle A and angle B are supplementary. The measure of angle B is 82.5.
What is the measure of angle A, in degrees?
Enter your answer as a decimal, if necessary, like this: 42.5
Answers
Answer:
97.5
Step-by-step explanation:
Supplementary means the angles add up to 180°
So,
m∠A = 180 - m∠B
m∠A = 180 - 82.5
m∠A = 97.5
At the football game, 3 hamburgers and 6 soft drinks cost $24, and 4 hamburgers and 3 soft drinks cost $22. Which two equations can be used to determine the price of a hamburger and the price of a soft drink?
Let x represent the cost of a hamburger and y represent the cost of a soft drink.
Answers
Answer: it would be A
Step-by-step explanation:
x the cost in dollars of a hamburger and y the cost in dollars of a soft drink.
The cost of 4 hamburguers can be represented with this expression:
4x
And the cost of 6 soft drinks can be represented with this expression:
6y
The total cost for 4 hamburgers and 6 soft drinks is $34, you can write the following equation
3x+6y=24
The following expression represents the the cost of 3 soft drinks:
3y
According to the information given in the exercise, the total cost for 4 hamburgers and 3 soft drinks is $25. Then, the equation that represents this is:
4x+3y=22
PLEASE HELP ME OUT I WILL GIVE BRAINLIEST
Perform the following conversions using unit fractoring
2.3L = ______ mL
4.5 yds = ______ in
Answers
Answer:I got you
2.3L=2300ML
4.5yds=162in
Step-by-step explanation:
4.5 yards x 36 = 162 inches
A bicycle store costs $1500 per month to operate. The store pays an average of $35 per bike. The average selling price of each bicycle is $85. How many bicycles must the store sell each month to break even?
Answers
Answer:
30 bikes
Step-by-step explanation:
the profit from each bike is 50 so then you divide 1500 by 50 and you get 30
Factorise. 5a² - 10a
Answers
Answer:
5a (a -2)
Step-by-step explanation:
Hey there,
Here, you have to get the common factors out from the brackets.
According to this question,
a and 5 are the common factors.
Therefore, you can write the answer like this,
5a² - 10a
5a (a -2)
Hope this helps you.
Let me know if you have any other questions :-)
how do I find a slope that does not have zero as a point of origin
Answers
Answer:
See answer below.
Step-by-step explanation:
Pick any two ordered pairs that is on the given graph line.
The Slope = (the change in the y-values)/(the change in the x-values) or
please help me
the denominator only
Answers
Answer:
6/51/33/1013/549/201/15Step-by-step explanation:
You cannot subtract JUST a denominator. The subtraction sign is lower down because of the odd printing just like the equal signs.
1. The first thing you have to do is change this from a mixed fraction into an improper fraction in order to subtract. This becomes:
12/5 -6/5 (This is done by multiplying the large number by the denominator and adding it to the exsisiting numerator)12-6=6 therefore the answer is 6/52. This one requires you to multiply your denominator so that it is the same for both fractions. The least common denominator (LCD) for these fractions is 12
7/12-1/4(3) (Because 3x4 is 12 which is the LCD)7/12-3/12 = 4/12 (this can be simplified)1/33. This is fairly straight-forward the denominators already match so just subtract the numerators
6/10-3/10= 3/104. Because we have a full number we must make it into a fraction in order to subtract it and also turn the mixed fraction into an improper fraction
We'll start with the mixed because we've done that before multiplying 4 by 5. Add to that 20 the 2 from the original fraction to get 22/ 5For the full number use the denominator of the number to determine the fraction. Multiply the full number by the denominator (5) to get 35 and place a 5 underneath and call it a day.Therefore: 35/5-22/5=13/55. This problem requires multiple steps the first would be to make improper fractions then get a LCD and then of course subtract.
(6x8)+2=48+2=50 --> 50/8(5x3)+4=15+4=19 --> 19/5LCD 5:5,15,20,25,30,40 & LCD 8: 8,16,24,32,40 LCD=40(50/8)x5-(19/5)x8 = 250/40-152/40 = 98/40 This can be simplified49/206. For this we will use another LCD.
LCD 3: 3,6,9,12,15 LCD 5: 5,10,15 LCD=15(2/3)x5-(3/5)x3 = 10/15-9/15 = 1/15[tex]\boxed{\sf 3x-12=3}[/tex]
Answers
Answer:
x = 5Step-by-step explanation:
Question:To find the value of xGiven Equation:3x - 12 = 3Solution:=> 3x - 12 = 3
[On putting the like terms on one side of the equation]=> 3x = 3 + 12
[On adding like terms]=> 3x = 15
[Dividing both sides with 3][tex] = > \frac{3x}{3} = \frac{15}{3} [/tex]
[On Simplification]=> x = 5 (Ans)
[tex]\sf 3x - 12 = 3[/tex]
[tex]\sf \longmapsto3x = 3 + 12[/tex]
[tex]\sf \longmapsto3x = 15[/tex]
[tex]\sf \longmapsto \: x = \frac{15}{3} [/tex]
[tex]\sf \longmapsto{x} = 5[/tex]
[tex] \boxed{ \sf \: 5}[/tex]
19 is 5 times a number - 2
I really need the equation
Answers
Step-by-step explanation:
19=5x-2 19+2=5x 21=5x 21÷5=x x=4.2
Hey everyone i would appreciate a step by step explanation. Also the actual question was written in mixed number form i just converted it into improper fractions.
10/9 + 56/27
Answers
Answer:
86/27 or 3 5/27
Step-by-step explanation:
10/9 is nothing but 30/27 (multiply the numerator and denominator by 3/3)
By adding 30/27+56/27, we get 86/27, which is our final answer
LCM of 9 and 27 is 27
Divided 27 from both denominators
27 divided by 9 is 3 x 10=30
27 divided by 27 is 1 x 56=56
30+56 divided 27 = 86/27 or 3 5/27
When multiplying numbers with the same base you________ the exponents.
Answers
Answer:
add
Step-by-step explanation:
Answer:
When you multiply two numbers or variables with the same base, you simply add the exponents. When you multiply expressions with the same exponent but different bases, you multiply the bases and use the same exponent.
Step-by-step explanation:
Calculate measures of central tendency and
dispersion for the following:
Find the mean, median, midrange, mode, range, standard deviation and Quartile graph
Data: 54, 92, 101, 83, 45, 102, 99,76, 79, 85, 90, 100,
98, 71, 65, 63, 90, 88, 70, 60, 90, 58,81
Answers
Answer:
The mean is 80, the median is 83, and the mode is 90
Step-by-step explanation:
a=0.5 b=-6
work out ab-b
Answers
Answer:
a = 0.5
b = 6
ab - b
= 0.5 × 6 - 6
= 3 - 6
= -3
Hope it helps:)
what is 47- 24 (x+3)x
Answers
help pleaseeeeeeeeeeeeeeeeeeee
Answers
Answer:
Step-by-step explanation:
ford would be 250 in metres and the decimal would be the smallest
jerry, Simon, curst, carl, ford
Umm so I'm confused
The question says
5x - 2y = 24
x + 2y = 12
Answers
Answer:
Step-by-step explanation:
5x-2y=24
x+2y=12
add the two equations
(5x-2y)+(x+2y)=24+12
6x=36
x=6
Plug in x=6 into any of the two equations
5(6)-2y=24
30-2y=24
-6= -2y
y= 3
x=6
y=3
(6,3)
59 divided by 4=? Also, please don't use a fraction just keep it simple like 68R7.
R/r=remainder
Answers
Answer:
14 R3
Step-by-step explanation:
the closest multiple of 4 under 59 is 56. 56/4=14 and there is a remainder of 3 between 59 and 56
Answer: 14R3
Step-by-step explanation:
