In May 1997, Calgary-based Bre-X Minerals collapsed when its gold assets were revealed to be dramatically less
Question:
a. Using the price data below, construct a 98% confidence interval for the mean difference of their pre-collapse prices minus their prices three months later.
b. At the 0.01 level of significance, does the evidence support a claim that the prices of mining stocks dropped during the period?
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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