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The Printout Below Refers to the Weekly Closing Stock Prices

Question 32

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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 less than $19.00?
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 less than $19.00?   A)  Fail to reject the null hypothesis and conclude the mean stock price was $19.00. B)  Since the P-value is less than the selected alpha, reject the null hypothesis and conclude the mean stock price was lower than $19.00. C)  Since the P-value is more than the selected alpha, reject the null hypothesis and conclude the mean stock price was more than $19.00. D)  Since the P-value is less than the selected alpha, reject the null hypothesis and conclude the mean stock price was different from $19.00. E)  Since the confidence interval doesn't contain the value $19.00, reject the null hypothesis and conclude that the mean stock price is different from $19.00.


A) Fail to reject the null hypothesis and conclude the mean stock price was $19.00.
B) Since the P-value is less than the selected alpha, reject the null hypothesis and conclude the mean stock price was lower than $19.00.
C) Since the P-value is more than the selected alpha, reject the null hypothesis and conclude the mean stock price was more than $19.00.
D) Since the P-value is less than the selected alpha, reject the null hypothesis and conclude the mean stock price was different from $19.00.
E) Since the confidence interval doesn't contain the value $19.00, reject the null hypothesis and conclude that the mean stock price is different from $19.00.

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