An investor on the Australian Securities Exchange (ASX) wants to check if there is a significant difference
Question:
An investor on the Australian Securities Exchange (ASX) wants to check if there is a significant difference in dividend yields between stocks which have market capitals of over one billion dollars and stocks which have market capitals in the range 100 million to one billion dollars. To check, the investor randomly picks samples of stocks and records their dividend yields for the financial year ending in 2020, as given in the following table. Each dividend yield is followed in parentheses by the corresponding ASX code of the company. Use ???? = 0.05 to test if there is a significant difference between the mean dividend yields of these two groups of stocks. Assume normality.
Step by Step Answer:
Business Analytics And Statistics
ISBN: 9780730363330
1st Edition
Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi