Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 11 - Section 11.5 - Assess Your Understanding - Applying the Concepts - Page 579: 20a

Answer

- The sample must be randomly selected. - The volume of both stocks (data) must be obtained in the same days (matched pairs). - Given that we have a small sample (n = 13), the differences between the volumes must be normally distributed with no outliers. - The number of days selected (n = 13) is less than 5% of the total number of days.

Work Step by Step

Given above.
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