Mathematics, 28.11.2019 02:31 elijah207
The average daily volume of a computer stock in 2011 was muequals35.1 million shares, according to a reliable source. a stock analyst believes that the stock volume in 2014 is different from the 2011 level. based on a random sample of 40 trading days in 2014, he finds the sample mean to be 29.5 million shares, with a standard deviation of sequals12.1 million shares. test the hypotheses by constructing a 95% confidence interval. complete parts (a) through (c) below. (a) state the hypotheses for the test. upper h 0: ▼ mu p sigma ▼ less than not equals greater than equals 35.1 million shares upper h 1: ▼ mu sigma p ▼ equals greater than less than not equals 35.1 million shares (b) construct a 95% confidence interval about the sample mean of stocks traded in 2014. the lower bound is nothing million shares. the upper bound is nothing million shares. (round to three decimal places as needed.) (c) will the researcher reject the null hypothesis?
a. reject the null hypothesis because muequals35.1 million shares does not fall in the confidence interval.
b. do not reject the null hypothesis because muequals35.1 million shares falls in the confidence interval.
c. reject the null hypothesis because muequals35.1 million shares falls in the confidence interval.
d. do not reject the null hypothesis because muequals35.1 million shares does not fall in the confidence interval.
Answers: 1
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