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

question 4

Essay

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?

---

Definitions:

Calendar

A system for organizing and dividing time, typically by weeks, months, and years.

Cervical Mucus

A fluid secreted by the cervix, varying in consistency throughout the menstrual cycle, playing a key role in fertility and acting as a natural barrier to pathogens.

U.S. Women

Refers to the female population residing in the United States, including aspects of their health, social, and economic conditions.

First-Trimester Abortions

Abortions performed during the first twelve weeks of pregnancy.