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Using the entire data set of 65 stocks, count up the number of stocks in your da

ID: 3359704 • Letter: U

Question

Using the entire data set of 65 stocks, count up the number of stocks in your data that havea high stock price that is at least $15. State this value here: 47 Verify this by copying the stem-and-leaf display for the high prices below. 11/8/2017,4:02:03 PM Student Edition of Statisti 10.0 Stem and Leaf Plot of HIGH Leaf Digit Unit-10 Minimum 2.1000 Median 30.610 Maximum 958.33 9 5 represents 950 Depth StemLeaves (55) 1 0 D 0000000000001111111111122222222233334444445555666677789 9 45 65 cases includedmissing cases State the null and alternative hypotheses that we would use to determine if the true percentage of all stocks that have high prices that are at least $15 differs from 70%. a. Ho: Ha:

Explanation / Answer

The hypothesis is as follows

H0 : The true percentage of all stocks that have high prices that are atleast $15 is 70%
H1 : The true percentage of all stocks that have high prices that are atleast $15 differs significantly from 70%

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