An anaiyst is trying to aetermine wnetner the prices of certain stoCKs on tne NASDAQ are indepenaent of the inaustry to wnicn they belong. She examines four industries and, classifies the stock prices...

Extracted text: An anaiyst is trying to aetermine wnetner the prices of certain stoCKs on tne NASDAQ are indepenaent of the inaustry to wnicn they belong. She examines four industries and, classifies the stock prices in these industries into one of three categories (high-priced, average-priced, low-priced). Industry II Stock Price III IV High Average Low 21 12 20 16 26 18 17 25 10 15 14 Click here for the Excel Data File a. Choose the competing hypotheses to determine whether stock price depends on the industry. O Ho: Stock price is dependent on the industry.; HA: Stock price is independent on the industry. O Ho: Stock price is independent of the industry; HA: Stock price is dependent on the industry. b-1. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.) Test statistic Prev 7 of 10 Next > 中 - search


Extracted text: b-2. Find the p-value. O pvalue < 0.01="" o="" 0.018="" p-value=""><0.025 o="" 0.025="" b="" p-value="">< 0.05="" o="" 0.05="" b="" p-value=""><0.10 o="" p-value="" 20.1o="" c.="" at="" a="" 1%="" significance="" level,="" what="" can="" the="" analyst="" conclude?="" o="" do="" not="" reject="" ho;="" there="" is="" not="" enough="" evidence="" to="" support="" the="" claim="" that="" the="" stock="" price="" is="" dependent="" on="" the="" industr="" o="" reject="" ho;="" there="" is="" enough="" evidence="" to="" support="" the="" claim="" that="" the="" stock="" price="" is="" dependent="" on="" the="" industry.="" o="" reject="" ho;="" there="" is="" not="" enough="" evidence="" to="" support="" the="" claim="" that="" the="" stock="" price="" is="" dependent="" on="" the="" industry.="" o="" do="" not="" reject="" ho;="" there="" is="" enough="" evidence="" to="" support="" the="" claim="" that="" the="" stock="" price="" is="" dependent="" on="" the="" industry.="" rev:="" 10="" 08="" 2019="" qc_cs-184877="">< prev="" 7="" of="" 10="" next=""> p search 8 近