Is the difference between the P/E ratios for the two countries significant? Use the MWW test and ? = 0.01 to support your conclusion. Find the value of the test statistic. W = Find the p-value. (Round your answer to four decimal places.) p-value =
Is the difference between the P/E ratios for the two countries significant? Use the MWW test and ? = 0.01 to support your conclusion. Find the value of the test statistic. W = Find the p-value. (Round your answer to four decimal places.) p-value =
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 8SGR
Related questions
Question
company's price/earnings (P/E) ratio is the company's current stock price divided by the latest 12 months' earnings per share. Suppose the following table shows the P/E ratios for a sample of 10 Japanese companies and 12 U.S. companies.
Japan |
---|
P/E Ratio |
155 |
26 |
19 |
123 |
36 |
215 |
61 |
667 |
35 |
69 |
United States |
---|
P/E Ratio |
14 |
21 |
21 |
45 |
28 |
11 |
26 |
11 |
26 |
39 |
13 |
11 |
Is the difference between the P/E ratios for the two countries significant? Use the MWW test and ? = 0.01 to support your conclusion.
Find the value of the test statistic.
W =
Find the p-value. (Round your answer to four decimal places.)
p-value =
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