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cmsx27 cmsx27
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6 years ago
A portfolio manager was analyzing the price-earnings ratio for this year's performance. His boss said that the average price-earnings ratio was 20 for the many stocks, which his firm had traded, but he felt that figure was too high. The portfolio manager randomly selected a sample of 50 P/E ratios and found a mean of 18.17 and standard deviation of 4.60 . Assume that the population is normally distributed and test at the 0.01 level of significance. The decision rule is: Reject H0 if the calculated z > 2.33.
  Indicate whether the statement is true or false
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whitneyracquelwhitneyracquel
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6 years ago
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cmsx27 Author
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6 years ago
You make an excellent tutor!
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
this is exactly what I needed
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