Problem 84
Stock Value. The stock prices for Coca-Cola during a 4-hour period on another day yield the following results. If a third-degree polynomial models this stock, do you expect the stock to go up or down in the fth period?
Step-by-Step Solution:
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Hypothesis T est -We are seeing if our data is strong enough to rule out chance. Null Hypothesis: = both are about the population Alternate Hypothesas: H Logic: We give The benefit of the doubt to see if results could have happened by chance. (this is like what they do in court: Innocent until proven guilty). p-value: Probability that we would have obtained data as extreme or more extreme as we did if was true
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Chapter 4, Problem 84 is Solved
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