Question

In a recently published article, the average amount of time a stockholder owns a stock is...

In a recently published article, the average amount of time a stockholder owns a stock is 56 weeks. A finance adviser believes their clients hold on to stocks in less time. Interested in studying this further, the financial adviser samples their clients and finds that the amount of time a stock was owned was 50 weeks, on average.

As the financial adviser set up a hypothesis test to determine if their belief is correct, what is the financial adviser's claim?

A. The average amount of time a stockholder owns a stock is less than 56 weeks.

B. The average amount of time a stockholder owns a stock is less than 50 weeks.

C. The average amount of time a stockholder owns a stock is greater than 56 weeks.

D. Stockholders should not own a stock for less than 56 weeks.

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Answer #1

the adviser's claim is:-

The average amount of time a stockholder owns a stock is less than 56 weeks.

[ explanation:-

hypothesis:-

the advisers claim is the alternative hypothesis.]

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