(See Solution) A stock analyst wants to determine whether there is a difference in the mean rate of return for three types of stock: utility, retail, and banking
Question: A stock analyst wants to determine whether there is a difference in the mean rate of return for three types of stock: utility, retail, and banking stocks. The following output is obtained:
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Using the .05 level of significance, is there a difference in the mean rate of return among the three types of stock? b. Suppose the null hypothesis is rejected. Can the analyst conclude there is a difference between the mean rates of return for the utility and the retail stocks? Explain.
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