Jack Lawler, a financial analyst, wants to prepare an article on the Shadow Stock portfolio developed by
Question:
Jack Lawler, a financial analyst, wants to prepare an article on the Shadow Stock portfolio developed by the American Association of Individual Investors (AAII). A list of the 30 companies in the Shadow Stock portfolio as of March 2014 is contained in the WEB file named Shadow Stocks (AAII website March 27, 2014). Jack would like to select a simple random sample of 5 of these companies for an interview concerning management practices.
a. In the WEB file the Shadow Stock companies are listed in column A of an Excel worksheet. In column B we have generated a random number for each of the companies. Use these random numbers to select a simple random sample of 5 of these companies for Jack.
b. Generate a new set of random numbers and use them to select a new simple random sample. Did you select the same companies?
StocksStocks 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... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
Step by Step Answer:
Essentials Of Modern Business Statistics With Microsoft Excel
ISBN: 9781285867045
6th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams