Create the printout for testing whether the mean low stock price of all NYSE stocks differs from...

60.1K

Verified Solution

Question

Statistics

Create the printout for testing whether the meanlow stock price of all NYSEstocks differs from $35 and attach it here. Answer thefollowing questions regarding this printout:
Student Edition of Statistix10.0Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 4/21/2020, 5:29:39 AM
One-Sample T Test
Null Hypothesis: Î¼ = 35
Alternative Hyp: Î¼ â‰ 35
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Lower Â Â Upper
Variable MeanÂ Â Â Â Â SEÂ Â Â Â Â Â Â TÂ Â Â Â Â Â DFÂ Â Â Â Â Â Â Â Â Â Â PÂ Â Â Â Â 95% C.I.95% C.I.
LowÂ Â Â Â Â 28.369Â Â 5.2626Â Â -1.26Â Â Â Â 64Â Â Â Â Â Â Â Â 0.2123Â Â 17.856 38.883
Cases Included 65Â Â Â Missing Cases 0
In the words of the problem, give a practical conclusion forthis test. Make sure to include your choice of Î± in thisconclusion.
In the words of the problem, state what a Type I error wouldbe.
Use your knowledge of p-values and the printout above to statewhat the p-value would have been if you were conducting aone-tailed test instead of the two-tailed test I asked for.

Answer & Explanation Solved by verified expert

3.8 Ratings (703 Votes)

We Have OneSample T Test Null Hypothesis 35 Alternative Hyp 35 Lower Upper Variable Mean SE T DF P 95 CI 95 CI Low 28369 52626 126 64 02123 17856 38883 Cases See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!

Become a Member

Create the printout for testing whether the mean low stock price of all NYSE stocks differs from...

60.1K

Verified Solution

Question

Statistics

Answer & Explanation Solved by verified expert

Get Answers to Unlimited Questions

Membership Benefits:

Other questions asked by students

Suppose we have the following pdf for the random variable X f(x) ={x 0<=x<=1 c/x^2 1<=x<= infinity 0...

10. In an experiment, a sample was 90% decomposed in 24 min. Approximately how long would...

A. Is its good laboratory practice to alternate between dermal puncture and venipuncture collections on a...

1.To see why the amount of light produced by a black object must only depend on...

A linear transformation from R3-R4 with the V set of vectors x, where T(x)=0, is V...

Which of the following groups requires Category 3 containment levels because it contains two highly...

1 Why do you think the United States was fixated on assassinating Fidel Castro 2...

K A simple random sample of size n 15 is drawn from a population that...

Find bounds on the real 3 f x x x x 2x 2

Save Sub Questions milbltc12r.32.056 8. 9. 50. Singh, a member of Trucking LLC, ceases to...

MCQ 7: The method, which allocates the cost of support department to operating and support...

Sunspot Beverages, Limited, of Fiji uses the weighted-average method in its process costing system. It...