The Nasdaq Stock Market is Higher than the NYSE

Nasdaq Data

100

The Nasdaq daily stock market trade average 

1.69%

200

X1: The Nasdaq daily Stock market mean

$17.232.67

300

SX1: STDEV Nasdaq stock trade

763.4836

400

N1: Nasdaq daily transactions number

30

500

Nasdaq Market Stock Value 

$5,622 billions

NYSE Data

100

The NYSE daily stock market trade average

0.78%

200

X2: The NYSE daily stock market mean 

$19089.21

300

SX2: STDEV NYSE stock market trade

671.1218

400

N2: The NYSE daily transactions number

37

500

NYSE Market Stock value

$4,987 billions

Analysis and Conclusion

100

Ho: Null Hypothesis 

M1=M2

Nasdaq mean = NYSE mean

200

Ha: Alternative Hypothesis

M1>M2

Nasdaq mean > NYSE mean

300

P-Value

0.999

400

CI: Confidence Interval at .9

LB: -2154.15

UB: -1559.84

500

Conclusion:

• Since p = 0.99 > 0.05, I fail to reject H0.

• There is no statistical evidence to support the claim that the Nasdaq daily market stock average is greater than the NYSE.