Give an explanation for growth fund ranked only at the 65 th percentile on performance for this year.

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Answer 1

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Chapter 12.3, Problem 34PB

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Give an explanation for growth fund ranked only at the 65^th percentile on performance for this year.

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Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst says that maybe we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day. You have decided to do your own test. A sample of 78 stocks traded on the NYSE that day showed that 15 went up. You are going to complete your test to see if the proportion stocks that went up is significantly less than 0.3. You use a significance level of a = 0.001. What is the test statistic for this sample? (This is called the Z-Stat in your StatCrunch output. Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value =

Answer 2

Question

Chapter 12.3, Problem 34PB

To determine

Give an explanation for growth fund ranked only at the 65^th percentile on performance for this year.

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Answer 3

Question

Chapter 12.3, Problem 34PB

To determine

Give an explanation for growth fund ranked only at the 65^th percentile on performance for this year.

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Answer 4

Question

Chapter 12.3, Problem 34PB

To determine

Give an explanation for growth fund ranked only at the 65^th percentile on performance for this year.

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Answer 5

Chapter 12.3, Problem 34PB

To determine

Give an explanation for growth fund ranked only at the 65^th percentile on performance for this year.

Answer 6

Chapter 12.3, Problem 34PB

To determine

Give an explanation for growth fund ranked only at the 65^th percentile on performance for this year.

Answer 7

Chapter 12.3, Problem 34PB

To determine

Give an explanation for growth fund ranked only at the 65^th percentile on performance for this year.

Answer 8

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Answer 11

Ch. 12.1 - Car mileage and weight The Car Weight and Mileage...Ch. 12.1 - Prob. 2PB Ch. 12.1 - Predicting maximum bench strength in males For the...Ch. 12.1 - Prob. 4PB Ch. 12.1 - Mu, not y For a population regression equation,...Ch. 12.1 - Prob. 6PB Ch. 12.1 - Study time and college GPA Exercise 3.39 in...Ch. 12.1 - Prob. 8PB Ch. 12.1 - Cell phone specs Refer to the cell phone data set...Ch. 12.1 - Prob. 10PB

Give an explanation for growth fund ranked only at the 65 th percentile on performance for this year.

Solution Summary: The author explains that growth fund ranked only at the 65 th percentile on performance for this year is because the stocks are relatively high in one year and they are lesser at later times.

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Give an explanation for growth fund ranked only at the 65^th percentile on performance for this year.

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Chapter 12 Solutions

Give an explanation for growth fund ranked only at the 65 th percentile on performance for this year.

Solution Summary: The author explains that growth fund ranked only at the 65 th percentile on performance for this year is because the stocks are relatively high in one year and they are lesser at later times.

Videos

Give an explanation for growth fund ranked only at the 65th percentile on performance for this year.

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Chapter 12 Solutions

Give an explanation for growth fund ranked only at the 65^th percentile on performance for this year.