company's price/earnings (P/E) ratio is the company's current stock price divided by the latest 12 months' earnings per share. Suppose the following table shows the P/E ratios for a sample of 10 Japanese companies and 12 U.S. companies. Japan P/E Ratio 155 26 19 123 36 215 61 667 35 69 United States P/E Ratio 14 21 21 45 28 11 26 11 26 39 13 11 Is the difference between the P/E ratios for the two countries significant? Use the MWW test and ? = 0.01 to support your conclusion. Find the value of the test statistic. W = Find thep-value. (Round your answer to four decimal places.) p-value =

company's price/earnings (P/E) ratio is the company's current stock price divided by the latest 12 months' earnings per share. Suppose the following table shows the P/E ratios for a sample of 10...

company's price/earnings (P/E) ratio is the company's current stock price divided by the latest 12 months' earnings per share. Suppose the following table shows the P/E ratios for a sample of 10 Japanese companies and 12 U.S. companies.

Japan
P/E Ratio
155
26
19
123
36
215
61
667
35
69

United States
P/E Ratio
14
21
21
45
28
11
26
11
26
39
13
11

Is the difference between the P/E ratios for the two countries significant? Use the MWW test and ? = 0.01 to support your conclusion.

Find the value of the test statistic.

W =

Find thep-value. (Round your answer to four decimal places.)

p-value =

Jun 10, 2022

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company's price/earnings (P/E) ratio is the company's current stock price divided by the latest 12 months' earnings per share. Suppose the following table shows the P/E ratios for a sample of 10...

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