Multiple Choice
The printout below refers to the weekly closing stock prices for Air Canada on 20 randomly selected weeks in 2000.
Using a 5% level of significance, can you say that the average Air Canada stock price was different from $19.50?
A) Fail to reject the null hypothesis and conclude the mean stock price was $19.50.
B) Reject the null hypothesis and conclude the mean stock price was lower than $19.50.
C) Reject the null hypothesis and conclude the mean index was greater than $19.50.
D) Reject the null hypothesis and conclude the mean index was different from $19.50.
E) None of these statements are true
Correct Answer:

Verified
Correct Answer:
Verified
Q15: A random sample of size 15 is
Q34: The average cost of tuition, room and
Q81: The mean weight of newborn infants at
Q84: A manufacturer of stereo equipment introduces new
Q85: A nationwide survey of college students was
Q87: The claim that "40% of those persons
Q90: It is claimed that in a bushel
Q138: A manufacturer claims that less than 1%
Q156: What is the critical z-value for a
Q202: Which of the following is NOT one