statistical analyst for the Wall Street Journal randomly selected six companies and recorded both the price per share of stock on January 1, 2009 and on April 30, 2009. The results are presented below. Suppose the analyst wished to see if the average price per share of stock on April 30, 2009 is greater than the average price per share of stock on January 1, 2009 at α=.025. Apr. 30, 2009 33 33 34 30 33 38 Jan. 1, 2009 21 25 30 33 23 27 For the hypothesis stated above, what is the P-value?

Question

Mathematics

Luca Benton

1 June, 21:20

statistical analyst for the Wall Street Journal randomly selected six companies and recorded both the price per share of stock on January 1, 2009 and on April 30, 2009. The results are presented below. Suppose the analyst wished to see if the average price per share of stock on April 30, 2009 is greater than the average price per share of stock on January 1, 2009 at α=.025. Apr. 30, 2009 33 33 34 30 33 38 Jan. 1, 2009 21 25 30 33 23 27 For the hypothesis stated above, what is the P-value?

+2

Answers (1)

Know the Answer?

Tobias · Answer 1

p value = 2.228

Step-by-step explanation:

since average of two groups is being compared two-sample t-test will be performed.

degrees of freedom = 12-2=10

at α=.025 from t table

p value = 2.228