Answer the feedback question based on my post below and/or knowledge.

Question Description

Feedback: The average return for technology ETF is significantly different from others? Do you agree?

Can we use t-test for comparing three means? If yes, what are the disadvantages? Thanks

Discussion Post:

1. The null hypothesis is H_0: ?_1=?_2=?_3 or all the mean return on investment for industry-specific ETFs is equal.
The alternative hypothesis is H_0: ?_1??_2??_3 or not all the mean return on investment for industry-specific ETFs are equal.

2. The level of significance is 0.05

3. Test statistic: F = 55.07
P-value = 0.000

4. Since the p-value is less than 0.05 (level of significance), we reject the null hypothesis and conclude that the sample data is consistent with the alternative hypothesis that not all the mean return on investment for industry-specific ETFs are equal.

5. Yes, the side-by-side boxplot supports our conclusion of the hypothesis test because the average returns for financial, energy, and technology are different.



^{Have a similar assignment? "Place an order for your assignment and have exceptional work written by our team of experts, guaranteeing you A results."}

Our Service Charter

1. Professional & Expert Writers: Essay Noon only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Essay Noon are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Essay Noon are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Essay Noon, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.