2.32 For predicting credit default, a sample of 20 financial data analysts was asked to provide forecasts
Question:
2.32 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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Essential Mathematics And Statistics For Science
ISBN: 9780470694480
2nd Edition
Authors: Graham Currell, Dr. Antony Dowman
Question Posted: