Using the data in Problem 70, test the hypothesis that > 0 at = .05.
Question:
Using the data in Problem 70, test the hypothesis that β > 0 at α = .05.
Problem 70
It is of interest to find the relationship between the monthly closing stock prices of IBM (y; unit: $10) and the closing indices of Dow Jones Industrial Average (x; unit 100).
Estimate the slope of the regression of the monthly closing prices of IBM against those of DJIA
Transcribed Image Text:
Year/month 2010/1 2010/2 2010/3 2010/4 2010/5 2010/6 2010/7 2010/8 2010/9 2010/10 2010/11 2010/12 2011/1 2011/2 2011/3 2011/4 2011/5 2011/6 2011/7 2011/8 2011/9 2011/10 2011/11 2011/12 IMB 117.64 122.77 123.82 124.54 121.55 119.83 124.6 120.08 130.82 140.04 138.57 143.76 158.69 159.2 160.37 167.75 166.87 169.46 179.64 170.56 173.49 183.18 187.27 183.17 DJIA 10,067.33 10,325.26 10,856.63 11,008.61 10,136.63 9,774.02 10,465.94 10,014.72 10,788.05 11,118.40 11,006.02 11,577.51 11,891.93 12,226.34 12,319.73 12,810.54 12,569.79 12,414.34 12,143.24 11,613.53 10,913.38 11,955.01 12,045.68 12,217.56
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
Answered By
Rashul Chutani
I have been associated with the area of Computer Science for long. At my university, I have taught students various Computer Science Courses like Data Structures, Algorithms, Theory of Computation, Digital Logic, System Design, and Machine Learning. I also write answers to questions posted by students in the area of and around Computer Science.
I am highly fortunate to receive great feedback on my teaching skills that keeps me motivated. Once a student sent me an email stating that I had explained to him a concept better than his professor did.
I believe in the fact that "Teaching is the best way to learn". I am highly fascinated by the way technology nowadays is solving real-world problems and try to contribute my bit to the same.
Besides tutoring, I am a researcher at the Indian Institute of Technology. My present works are in the area of Text Summarization and Signal and Systems.
Some of my achievements include clearing JEE Advanced with an All India Rank of 306 out of 1.5 million contesting candidates and being the Department Ranker 1 at my University in the Department of Computer Science and Engineering.
I look forward to providing the best Tutoring Experience I can, to the student I teach.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
Question Posted:
Students also viewed these Business questions
-
Suppose we expect the DJIA for 2012/1 to be 12600. Using the data in Problem 70, forecast the closing price for IBM and construct a 95 % prediction interval for it. Problem 70 It is of interest to...
-
It is of interest to find the relationship between the monthly closing stock prices of IBM (y; unit: $10) and the closing indices of Dow Jones Industrial Average (x; unit 100). Estimate the slope of...
-
Using the data in Problem 70, do an F-test for the significance of the regression at = .05. Problem 70 It is of interest to find the relationship between the monthly closing stock prices of IBM (y;...
-
what is resourced based view in public administration and why is it important?
-
Read the case study LEGO 1-1. Answer the following questions: 1. How did the information systems and the organization design changes implemented by Knudstorp align with the changes in business...
-
The bob of a simple pendulum has a mass of 0.40 kg. The pendulum oscillates with a period of 2.0 s and an amplitude of 0.15 m. At one point in its cycle it has a potential energy of 0.020 J. What is...
-
Why is it generally a good idea to prune a full regression tree? a. A full regression tree is too large to visualize. b. A full regression tree typically overfits the training data and pruning the...
-
The production budget for Ensinada Mfg. Co. for the second quarter of 2010 follows. Required: (a) Find the missing numbers represented by the numbers (1) through (9). (b) Was the ending inventory in...
-
Resources Unlimited Corporation was formed in 1985 through the merger of two natural pipeline companies. The result was the largest gas distribution network in the United States, with 38,000 miles of...
-
Using the data in Problem 70, construct a 95 % confidence interval for b. Is it possible for the true b to be negative? Problem 70 It is of interest to find the relationship between the monthly...
-
Suppose x and y are bivariately normally distributed. Use a t-test to test the significance of the sample correlation coefficient r if r = .79 and n = 12.
-
1. What are the major skills Jovita Carranza demonstrated in her career at UPS that have made her a successful leader? 2. Consider the spiral of experience that Jovita Carranza has traveled. How has...
-
Calculate the inventory turnover ratio if average inventory is 40,000 and cost of sales is 280,000.
-
Your bookkeeper extracted a trial balance on 31 December 2008 which failed to agree by 400, a shortage on the credit side of the trial balance. A suspense account was opened for the difference. In...
-
Draw up a profit and loss appropriation account for the year ending 31 December 2013 and statement of financial position extract at that date, from the following: (i) Net profits 111,100. (ii)...
-
Can you replace every switch() statement with a complex if() statement?
-
Should we rely on built-in operator precedence? How can we ensure proper order of evaluation?
-
Suppose that a projectile is launched upward from the earths surface. Assume that the only force acting on the object is the downward force of gravity. Under these conditions, a force balance can be...
-
Graph one period of each function. y = 4 cos x
-
Indicate in each of the following independent situations whether the taxpayer can accomplish what is proposed. Provide adequate authority for your answer including any special elections that are...
-
Tango Corporation, a calendar year taxpayer, has been an S corporation for several years. Tangos business activities have become very profitable in recent years. On June 16, 2017, its sole...
-
Orlando Corporation, a calendar year taxpayer, has been an S corporation for several years. On July 9, 2017, Orlando authorizes a second class of nonvoting preferred stock that pays a 10% annual...
-
This week, you will learn a relativist approach to ethics and examine how people make decisions based on groups, cultures and affiliations they belong to and how this shapes decision-making. You will...
-
Explain how quality pedagogical practice is reinforced by marte meo and research about children's learning?
-
Discuss a competency for a position, and describe some of the indicators used to determine if the competency is present. There should be five indicators.
Study smarter with the SolutionInn App