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Suppose you are testing H0: μ = 36 versus Ha: μ< 36 and the value of the test statistic is z = -0.98. What is the P-value for this test?
Select one:
a. 0.0014
b. 0.0239
c. 0.1635
d. 0.3270
e. 0.8365
f. 0.9761
What is a point estimate of the P/E ratio for the population of stocks listed on the New York Stock Exchange? Develop a 95% confidence interval.
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