Seven percent of mutual fund investors rate corporate stocks very safe, 58% rate them somewhat safe, 24%

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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. Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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Statistics For Business And Economics

ISBN: 9780538481649

11th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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