For predicting credit default, a sample of 20 financial data analysts was asked to provide forecasts of

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For predicting credit default, a sample of 20 financial data analysts was asked to provide forecasts of credit scores for next year. The results are summarized in the following table:

Forecast (£ 000) Number of Clients 10.95 6 11.45 5 11.45 6 12.95 18 12.95 6 13.45 16 13.45 6 14.95 23 14.95 6 15.45 11

a. Estimate the sample mean forecast.

b. Estimate the sample standard deviation.

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Statistics For Business And Economics

ISBN: 9781292436845

10th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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