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A subject is asked to pick the suit of a card that she does not see, picked at random from a standard deck of playing cards. If the subject has no extra-sensory powers (ESO) her guesses should be correct, on average, 1 in 4 times. However, if she has ESP then the proportion of correct guesses should be better than 1 in 4.
(a) If the subject gets the suit correct 120 times in 400 trials, test (at the 5% level of significance) the statistical evidence that the subject might have ESP.
(b) Calculate the p-value for the test statistic value in (a) and interpret it.
Definition of capital market is termed as a market where shares are traded after an initial issue. Capital market is the market where corporations, companies, and government debt
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Year : 2008 2009 2010 2011 2012 2013 sale : 111 120 114 123 117 126
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Just interested how indepth are the answers
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