Returns on an investor's stock portfolio (n = 19 stocks)are compared for the same stock in each of two consecutive quarters.Since the returns are not normally distributed (normality test p-values were .005 and .126 respectively),a nonparametric test was chosen.The test results are shown below. Which is the best conclusion?
A) The returns are correlated neither at α = .05 nor at α = .01.
B) The returns are correlated at α = .05 but not at α = .01.
C) The returns are correlated at α = .01 but not at α = .05.
D) The returns are correlated both at α = .05 and at α = .01.

Question

Returns on an investor's stock portfolio (n = 19 stocks)are compared for the same stock in each of two consecutive quarters.Since the returns are not normally distributed (normality test p-values were .005 and .126 respectively),a nonparametric test was chosen.The test results are shown below.  Which is the best conclusion?
A) The returns are correlated neither at α = .05 nor at α = .01. 
B) The returns are correlated at α = .05 but not at α = .01. 
C) The returns are correlated at α = .01 but not at α = .05. 
D) The returns are correlated both at α = .05 and at α = .01.

Quizplus · Accepted Answer

The Answer of Returns on an investor's stock portfolio (n = 19 stocks)are compared for the same stock in each of two consecutive quarters.Since the returns are not normally distributed (normality test p-values were .005 and .126 respectively),a nonparametric test was chosen.The test results are shown below.  Which is the best conclusion?
A) The returns are correlated neither at α = .05 nor at α = .01. 
B) The returns are correlated at α = .05 but not at α = .01. 
C) The returns are correlated at α = .01 but not at α = .05. 
D) The returns are correlated both at α = .05 and at α = .01.

Returns on an Investor's Stock Portfolio (N = 19 Stocks)are