Some investors believe in a "January indicator" for the stock market: that is, if the stock market is up in January, it

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Some Investors Believe In A January Indicator For The Stock Market That Is If The Stock Market Is Up In January It 1 (46 KiB) Viewed 24 times

Some investors believe in a "January indicator" for the stock market: that is, if the stock market is up in January, it will be up for the rest of the year and if the market is down in January, it will be down for the rest of the year. Historical data from a stock market is as follows: There were 41 times up of rest of the year and 16 times down of rest of the year if it was up in January. But there were 20 times up of rest of the year and 23 times down of rest of the year if it was down in January. What is X (a,df) square value (X2) at 95% confidence level? O a. 6.635 O b.5.478 O c. 6.656 O d. 3.841