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A Financial Analyst Working for a Financial Consulting Company Wishes μ\mu

Question 17

Multiple Choice

A financial analyst working for a financial consulting company wishes to find evidence that the average price-to-earnings ratio in the consumer industry is higher than average price-to-earnings ratio in banking industry.The alternative hypothesis is:


A) μ\mu consumer= μ\mu banking
B) μ\mu consumer \le μ\mu banking
C) μ\mu consumer > μ\mu banking
D) μ\mu consumer< μ\mu banking
E) μ\mu consumer \neq 0 μ\mu banking

Correct Answer:

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