A study of the purchase decisions of three stock portfolio managers, A, B, C, was conducted to compare the numbers of stock purchases that resulted in profits over a time period less than or equal to 1 year. One hundred randomly selected purchases were examined for each of the managers. Do the data provide evidence of differences among the rates of successful purchases for the three managers?
Compute = ______________
The p-value is ______________.
Conclude that there ______________ enough information to conclude that the proportion of successful purchases will differ among the managers.

Question

A study of the purchase decisions of three stock portfolio managers, A, B, C, was conducted to compare the numbers of stock purchases that resulted in profits over a time period less than or equal to 1 year. One hundred randomly selected purchases were examined for each of the managers.  Do the data provide evidence of differences among the rates of successful purchases for the three managers?
Compute  = ______________
The p-value is ______________.
Conclude that there ______________ enough information to conclude that the proportion of successful purchases will differ among the managers.

Quizplus · Accepted Answer

The Answer of A study of the purchase decisions of three stock portfolio managers, A, B, C, was conducted to compare the numbers of stock purchases that resulted in profits over a time period less than or equal to 1 year. One hundred randomly selected purchases were examined for each of the managers.  Do the data provide evidence of differences among the rates of successful purchases for the three managers?
Compute  = ______________
The p-value is ______________.
Conclude that there ______________ enough information to conclude that the proportion of successful purchases will differ among the managers.

A Study of the Purchase Decisions of Three Stock Portfolio