A Fund Manager Wants to Know If It Is Equally

question 113

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. At the 5% significance level, the critical value is ________.

• A) 7.779
• B) 9.488
• C) 11.143
• D) 13.277

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Definitions:

Sociometry

The classic way of assessing social competence and determining the kinds of categories that describe children’s status within peer groups. Usually involves asking members of a social group (e.g., children in a classroom) to indicate which members of the group they prefer to spend time with (sit with, play with, etc.) and which they do not.

Social Dosage Technique

An approach or method in social psychology used to measure or change the amount of social interaction or stimulation.

Resilience Assessment

The evaluation of an individual's ability to recover from or adjust easily to misfortune or change.

Cognitive Theorist

Cognitive theorists study how human thoughts, perceptions, and feelings affect their behavior.