Consider a simple random sample of monthly return of Bed Bath and Beyond Corporation, data is in Stat4219-01Test303.csv. Use a 0.01 significance level to test the claim that this sample is from a population with mean retum equal to 3% 1. State the null and alternative hypothesis H₁:µ = 0.30 H:μ0.30 2. Find the test statistic 0.0403 3. Find the critical value 2.5758 4. Find the confidence interval (-1.9555,2.6272) 5. Find the P-value 0.9679 6. Can you claim that the monthly return of Bed Bath and Beyond Corporation is 396?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Consider a simple random sample of monthly return of Bed Bath and Beyond Corporation, data
is in Stat4219-01Test303.csv. Use a 0.01 significance level to test the claim that this sample is
from a population with mean retum equal to 3%
1. State the null and alternative hypothesis
H₁:µ = 0.30
H:μ0.30
2. Find the test statistic
0.0403
3. Find the critical value
2.5758
4. Find the confidence interval
(-1.9555,2.6272)
5. Find the P-value
0.9679
6. Can you claim that the monthly return of Bed Bath and Beyond Corporation is 396?
Transcribed Image Text:Consider a simple random sample of monthly return of Bed Bath and Beyond Corporation, data is in Stat4219-01Test303.csv. Use a 0.01 significance level to test the claim that this sample is from a population with mean retum equal to 3% 1. State the null and alternative hypothesis H₁:µ = 0.30 H:μ0.30 2. Find the test statistic 0.0403 3. Find the critical value 2.5758 4. Find the confidence interval (-1.9555,2.6272) 5. Find the P-value 0.9679 6. Can you claim that the monthly return of Bed Bath and Beyond Corporation is 396?
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