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
Question Posted: