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construct a 95 percent confidence interval (using a z-distribution) for the monthly return on a large-cap blend fund. TABLE 25 Exchange Traded Fund and US
construct a 95 percent confidence interval (using a z-distribution) for the monthly return on a large-cap blend fund.
TABLE 25 Exchange Traded Fund and US 30 Day T-Bill Mean Return and Standard Deviation of Return, 2003-2012 Fund/T-Bill Arithmetic Mean (%) Standard Deviation of Return (%) IWM 9.26 22.36 SPY 6.77 19.99 30 day T-bill 1.58 1.78 Sources: finance.yahoo.com and www.federalreserve.govStep by Step Solution
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