Are women more risk averse in the stock market? A sample of men and women were asked the following question: "If both the stock market and a stock you owned dropped 25% in three months, would you buy more shares while price is low?" Of 965 women, 338 said yes. Of 1066 men, 554 said yes.
At the α = 0.05 level of significance, is there evidence that the proportion of women who would buy more shares while the price is low is less than the proportion of men?

Question

Quizplus · Accepted Answer

The Answer of Are women more risk averse in the stock market? A sample of men and women were asked the following question: "If both the stock market and a stock you owned dropped 25% in three months, would you buy more shares while price is low?" Of 965 women, 338 said yes. Of 1066 men, 554 said yes.
At the α = 0.05 level of significance, is there evidence that the proportion of women who would buy more shares while the price is low is less than the proportion of men?

Are Women More Risk Averse in the Stock Market? a Sample