Question
A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample ofdays yields the following return percentages:1.8,-1.09,-0.02,-2.6,0.56,0.24,0.43,0.46,-0.1,0.76,1.11,-0.34,-2.07,-2.01,-2.08 If
A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample ofdays yields the following return percentages:1.8,-1.09,-0.02,-2.6,0.56,0.24,0.43,0.46,-0.1,0.76,1.11,-0.34,-2.07,-2.01,-2.08
If we assume that the returns are normally distributed, find aconfidence interval for the mean daily return on this stock. Then complete the table below.
Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place.
(If necessary, consult alist of formulas.)
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Probability and Random Processes With Applications to Signal Processing and Communications
Authors: Scott Miller, Donald Childers
2nd edition
123869811, 978-0121726515, 121726517, 978-0130200716, 978-0123869814
