February 24, 2017

Homework Help: statistics

Posted by Clay on Saturday, July 24, 2010 at 5:13pm.

Let x be a random variable representing dividend yield of Australian bank stocks. We may assume that x has a normal distribution with sigma =2.3%. A random sample of 17 Australian bank stocks has a sample mean of x bar 7.74%. For the entire Australian stock market, the mean dividend yield is Mu=6.7% Do these data indicate that the dividend yield of all Australian bank stocks is higher than 6.7%? Use Alpha-0.05. Are the data statistically significant at the given level of significance? Based on your answers, will you reject or fail to reject the null hypothesis?

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