Question

Seven percent of mutual fund investors rate corporate stocks "very safe," 58% rate them "somewhat safe," 24% rate them "not very safe," 4% rate them "not at all safe," and 7% are "not sure." A BusinessWeek/Harris poll asked 529 mutual fund investors how they would rate corporate bonds on safety. The responses are as follows.
Safety Rating Frequency
Very safe ............ 48
Somewhat safe .......... 323
Not very safe ............ 79
Not at all safe ........... 16
Not sure ............. 63
Total ............... 529
Do mutual fund investors' attitudes toward corporate bonds differ from their attitudes toward corporate stocks? Support your conclusion with a statistical test. Use α = .01.


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  • CreatedSeptember 20, 2015
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