An investor is trying to decide in which of two stocks to invest. He examines records for

Question:

An investor is trying to decide in which of two stocks to invest. He examines records for the past 365 days, and finds that the price of stock A increased on 197 of them and the price of stock B increased on 158 of them. Explain why these data should not be used to construct a confidence interval for the difference between the proportions of days that the stock prices increase.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Elementary Statistics

ISBN: 9781259969454

3rd Edition

Authors: William Navidi, Barry Monk

Question Posted: