The Following Summarizes the Average of the TSE 300 Index

question 125

Multiple Choice

The following summarizes the average of the TSE 300 Index at the end of 20 randomly selected weeks in 2000. Using a 5% level of significance, can it be agreed that the Index average was more than $9,600 during the year 2000?

• A) Fail to reject the null hypothesis and conclude the mean index was 9,600.
• B) Reject the null hypothesis and conclude the mean index was lower than 9,600.
• C) Reject the null hypothesis and conclude the mean index was greater than 9,600.
• D) Reject the null hypothesis and conclude the mean index was different from 9,600.
• E) None of these statements are true

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has been repeatedly presented alongside an unconditioned stimulus.

Permanent Change

An alteration or transformation that is lasting and not reversible over time.

Nerve Fiber Patterns

The arrangement or distribution of nerve fibers within a specific area of the nervous system.

Physical Changes

Alterations in the physical state or appearance of a substance or organism that do not involve a change in its composition or identity.