Let x be a random variable representing dividend yield of bank stocks. We may assume that x has a normal distribution with ? = 2.5%. A random sample of 10 bank stocks gave the following yields (in...


Letx be a random variable representing dividend yield of bank stocks. We may assume thatx has a normal distribution with ? = 2.5%. A random sample of 10 bank stocks gave the following yields (in percents).




  • 5.7

  • 4.8

  • 6.0

  • 4.9

  • 4.0

  • 3.4

  • 6.5

  • 7.1

  • 5.3

  • 6.1



The sample mean is  = 5.38%. Suppose that for the entire stock market, the mean dividend yield is ? = 4.7%. Do these data indicate that the dividend yield of all bank stocks is higher than 4.7%? Use ? = 0.01.




Jun 11, 2022
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