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1000 Companies
from the Top 1000 Companies in Valuation,a Comparison

Question 64

Essay

1000 companies
From the top 1000 companies in valuation,a comparison of the mean dividend yield of the top and bottom ten electric utility companies is desired.Let 1 = top ten,and 2 = bottom ten,electric utility companies respectively.The data shown below are for two independent samples,which are drawn at random from populations that are normally distributed.  Top ten  Bottom ten 8.766.658.966.387.206.248.926.938.617.467.810.006.587.788.068.646.427.356.647.33\begin{array} { | c | c | } \hline \text { Top ten } & \text { Bottom ten } \\\hline 8.76 & 6.65 \\8.96 & 6.38 \\7.20 & 6.24 \\8.92 & 6.93 \\8.61 & 7.46 \\7.81 & 0.00 \\6.58 & 7.78 \\8.06 & 8.64 \\6.42 & 7.35 \\6.64 & 7.33 \\\hline\end{array}
-Use Minitab or Excel to conduct a two-sample t-test to test the hypotheses:
H0: μ1=μ2\mu _ { 1 } = \mu _ { 2 } H1: μ1μ2\mu _ { 1 } \neq \mu _ { 2 } at the 5% significance level.

Correct Answer:

verifed

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Since p-value = 0.13...

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