Concept explainers
Seven percent of those who invest in mutual funds consider corporate stocks to be “very safe”, 58% consider them “relatively safe”, 24% consider them “not very safe”, 4% consider them “not safe” and 7% "They are not safe at all." Business / Week / Harris asked 550 mutual fund investors how they would rate corporate bonds for safety. The answers were the following
Seguridad |
Frecuencia |
Very safe |
62 |
Relatively safe |
323 |
Not very safe |
76 |
Not safe |
26 |
Not safe at all |
63 |
Does the attitude of mutual fund investors differ from corporate bonds from their attitude to corporate stocks? Support your conclusion by giving a statistical test. Use α = 0.01.
For this problem you must present:
-Hypothesis
-Result of the
-Analysis of the results in the chi square test and its conclusion in applied terms of the problem
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