A Fund Manager Wants to Know If It Is Equally

question 96

Multiple Choice

A fund manager wants to know if it is equally likely that the Dow Jones Industrial Average will go up each day of the week. For each day of the week, the fund manager observes the following number of days when the Dow Jones Industrial Average goes up. The p-value is ________.

• A) less than 0.01
• B) between 0.01 and 0.05
• C) between 0.05 and 0.10
• D) greater than 0.10

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Definitions:

Technical Skills

Specific knowledge and abilities required to perform professional tasks, especially as they relate to information technology and engineering disciplines.

Advanced Technology

Cutting-edge or highly developed technological systems, devices, or methodologies that offer enhanced performance or capabilities.

Networks

Systems of interconnected people or things.

Networking

refers to the act of interacting with others to exchange information and develop professional or social contacts.