document.write( "Question 634574: 13. Some financial theoreticians believe that the stock market's daily prices constitute a \"random walk with positive drift.\" If this is accurate, then the Dow Jones Industrial Average should show a gain on more than 50% of all trading days. The average increased on 101 of 175 randomly chosen days. State the null and alternative hypothesis to verify the theory. Question 13 options:
\n" ); document.write( " Ho:P 0.5 and Ha: P > 0.50
\n" ); document.write( " Ho: 101 and Ha: > 101
\n" ); document.write( " Ho:P 0.5 and Ha: P < 0.50
\n" ); document.write( " Ho: 101 and Ha: < 101
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Algebra.Com's Answer #399734 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!

 
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document.write( "Hi,
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document.write( "Some financial theoreticians believe that the stock market's daily prices
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document.write( " constitute a \"random walk with positive drift ( > 50%)
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document.write( "State the null and alternative hypothesis to verify the theory. 
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document.write( "The idea is that Ho contains an = sign, ≤ may be used here
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document.write( "Ho: P ≤ 0.5 
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document.write( "Ha: P > 0.50 claim \n" );
document.write( "

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