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QUESTION
Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market.
- less than (or equal to) α
- greater than α
- reject the null
- accept the null
- fail to reject the null
- There is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is less than 0.3.
- There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is less than 0.3.
- The sample data support the claim that the proportion of stocks that went up is is less than 0.3.
- There is not sufficient sample evidence to support the claim that the proportion of stocks that went up is is less than 0.3.
