A stock analyst wants to determine whether there is a difference in the mean rate of return
Question:
A stock analyst wants to determine whether there is a difference in the mean rate of return for three types of stock: utility, retail, and banking stocks. The following output is obtained:
a. Using the .05 level of significance, is there a difference in the mean rate of return among the three types of stock?
b. Can the analyst conclude there is a difference between the mean rates of return for utility and retail stocks? For utility and banking stocks? For banking and retail stocks?Explain.
Transcribed Image Text:
Source DF Factor 2 81.11 40.56 15.61 0.000 Error 14 36.37 2.60 Total 16 117.48 MS S- 1.612 R-Sq 69.04% R-Sq (adj ) -64.629 - Level Utility Stocks 5 16.520 1.611 Retail Stocks 6 11.492 0.378 Banking Stocks 6 15.547 2.249 Mean StDev utility Stocks subtracted from: Lower Center Upper tocks 7.121 5.028 -2.935 Banking Stocks 3.066 -0.972 1.121 Retail Stocks Banking Stocks 7.0 -3.5 0.0 3.5 Retail Stocks subtracted from: Lower Center Upper Banking Stocks 2.060 4.056 6.051 Banking stocks -3.5 0.0 3.5
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
a The hypothesis is H o 1 2 H 1 At least one mean differs The c...View the full answer
Answered By
Mahesh G
I have more than 7 years of experience in teaching physics, mathematics and python programming to more than 600 students including both online and offline tutoring.
I follow the following 7 step fundamental approach towards tutoring.
1. Curiosity, scope, enlightenment of the topic in hand.
2. Problem Definitions and elaboration.
3. Requisite mathematics, analytical abilities and quantitative
aptitude.
4. Preparing Algorithms for problem statement.
5. Concepts with analogies and building algorithm.
6. Introspection and improvising.
7. Daily class wise Cheat sheets(its not cheating) for consolidation.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
Question Posted:
Students also viewed these Statistics questions
-
A sales analyst wants to determine whether there is a difference in the mean monthly sales of a companys four sales regions. Several salespersons from each region are randomly selected and they...
-
A manufacturing company wants to determine whether there is a difference between the variance of the number of units produced per day by one machine operator and the similar variance for another...
-
A large insurance company wants to determine whether there is a difference in the average time to process claim forms among its four different processing facilities. The data in Table 10.5.1...
-
Consider the market for milk. Draw a supply curve and a demand curve (is the demand curve elastic on inelastic). Label the equilibrium price and quantity. Suppose that the production of milk causes...
-
Find and interpret the mode ratios for the coupled pendulum system shown in Figure P13.25. Use the values m1 = 1, m2 = 4, L1 = 2, L2 =5, and k = 2.
-
The demand function for good X is Qdx = a + bPx + cM + e, where Px is the price of good X and M is income. Least squares regression reveals that a = 5.25, b = ?? 1.36 c = ??0.14, a = ?? 6.19. a = ??...
-
Items in the table below need to be categorized (if relevant) as part of an income statement. Indicate whether each of the accounts falls under the category of operating expense, cost of goods sold,...
-
Purdue Inc. manufactures tires for large auto companies. It uses standard costing and allocates variable and fixed manufacturing overhead based on machine-hours. REQUIRED For each independent...
-
Calculate a log fx (x;,) x2 for a normal distribution and find its value for = 0.9 and = 0.8 (describe the steps in your derivation in detail).
-
Suppose availability and purchase costs for V8 short blocks at Juarez and New Orleans are the same as in problem #2 (without tariffs). However, suppose that HP does not pay shipping from Juarez or...
-
A senior accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees how many months each worked for the...
-
The following data are given for a two-factor ANOVA with two treatments and threeblocks. Treatment 2 31 37 26 35 Block 46
-
Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. Required: Prepare Tiger?s statement of cash flows, using the indirect method to present...
-
1. What is legal research? 2. Why is this important to immigration law practitioners (lawyers, paralegals or immigration consultants)? 3. What is the distinction between primary legal sources and...
-
What is common law illegality? What is the effect of illegality? What is subsequent illegality?
-
From contracts to torts, common law is a cornerstone of hospitality law. For this discussion, provide your perspective of common law and the development of rules regarding the rights and liabilities...
-
In the study of criminal law, why is it essential to understand the significance of the common law of the United States? The common law was the backbone of the United States, but today the states...
-
. There are 3 principles in particular that you should first explain and then apply to your analysis as you respond to the call of the question. The three principles are liberty, justice, and freedom.
-
Assume that a company with several debt issues trading in the market files for bankruptcy (i.e., a credit event takes place). What is the cheapest-to-deliver obligation for a CDS contract where the...
-
I frequently use NY Times and CNN and am aware of Fox News but I never use it. I visit these sites, NY Times and CNN, a few times a week whenever I have to research something or see something on...
-
Bertram Quigley opened a pet shop on 1 January 2016. He invested 10,000 in the business. The following information was obtained from his accounting records at the end of the year: Purchases of goods...
-
The PEW Research Institute recently conducted a survey of adult Americans regarding Internet shopping. The survey found that 15% of the respondents made a retail purchase on the Internet last week. A...
-
Listed below are the 15 states with the largest populations. In addition, each state is classified with the variable, coastline, based on whether a state borders the Gulf of Mexico, the Atlantic...
-
The 1989 U.S. Open golf tournament was played on the East Course of the Oak Hills Country Club in Rochester, New York. During the second round, four golfers scored a hole in one on the par 3 sixth...
-
Write the following system as a vector equation involving a linear combination of vectors. 5x1 2x2 x3 = 2 4x1 + 3x3 = 1
-
Q6. Determine whether the following improper integrals converge or diverge. [3,3,3] (e) 1 x ln(x) -dx. 1
-
Find the amount in the account for the given principal, interest rate, time, and compounding period. P=$1,100,r=2.1%,t=7 years; compounded continuously.
Study smarter with the SolutionInn App