Maurice Tutor

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Category > Computer Science Posted 19 Sep 2017 My Price 4.00

Australian Bank Stocks

Dividend Yield: Australian Bank Stocks Let x be a random variable representing dividend yield of Australian bank stocks. We may assume that x has a normal distribution with σ = 2.4%. A random sample of 10 Australian bankstocks gave the following yields.

5.7

4.8

6.0

4.9

4.0

3.4

6.5

7.1

5.3

6.1

The sample mean is  width=. For the entire Australian stock market, the mean dividend yield is μ = 4.7%. Do these data indicate that the dividend yield of all Australian bank stocks is higher than 4.7%? Use a = 0.01

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Maurice Tutor
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Status NEW Posted 19 Sep 2017 09:09 AM My Price 4.00

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