A Fund Manager Wants to Know If It Is Equally

question 81

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:

Stereotypes

Oversimplified generalizations about groups of people that may be based on certain traits, without acknowledging individual differences.

Hiring

The process of finding, recruiting, and selecting qualified candidates for a job within an organization.

Promotions

The act of advancing someone to a higher position or rank, often as recognition for their performance.

Job Evaluations

A systematic process to determine the relative worth of jobs within an organization, often used to establish fair compensation.