Question
A stock-market analyst wants to estimate the average return on a certain stock. A random sample of 15 days yields an average (annualized) rent of
A stock-market analyst wants to estimate the
average return on a certain stock. A random
sample of 15 days yields an average
(annualized) rent of 10.37% and sample
standard deviation is 3.5. Assuming a normal
distribution of returns, give a 95% confidence interval for average return on this stock?
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Stochastic Calculus And Applications
Authors: Samuel N Cohen, Robert J Elliott
2nd Edition
1493928678, 9781493928675
