Solution) Each day the major stock markets have a group of leading gainers in price (stocks that go up the mos


Question: Each day the major stock markets have a group of leading gainers in price (stocks that go up the most). On one day the standard deviation in the percent change for a sample of 10 NASDAQ leading gainers was 15.8. On the same day, the standard deviation in the percent change for a sample of 10 NYSE leading gainers was 7.9 (USA Today, September 14, 2000).

Conduct a test for equal population variances to see whether it can be concluded that there is a difference in the volatility of the leading gainers on the two exchanges. Use α = .10

What is your conclusion?

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