Letÿxÿbe a random variable representing dividend yield of Australian bank stocks. We may assume thatÿxÿhas a normal distribution withÿ?ÿ=ÿ2.4%. A…. Letÿxÿbe a random variable representing dividend yield of Australian bank stocks. We may assume thatÿxÿhas a normal distribution withÿ?ÿ=ÿ2.4%. A random sample of 8 Australian bank stocks has a sample mean ofÿxÿ=ÿ7.92%. For the entire Australian stock market, the mean dividend yield isÿ?ÿ=ÿ8.7%. Do these data indicate that the dividend yield of all Australian bank stocks is higher than 8.7%? Useÿ?ÿ=ÿ0.01. 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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Letÿxÿbe a random variable representing dividend yield of Australian bank stocks. We may assume thatÿxÿhas a normal distribution withÿ?ÿ=ÿ2.4%. A…
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