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Initial public offerings of stocks are on average underpriced. The standard deviation measure the dispersion, or variation, in the underpricing - overpricing indicator. A sample
Initial public offerings of stocks are on average underpriced. The standard deviation measure the dispersion, or variation, in the underpricing overpricing indicator. A sample of Canadian IPOs that were subsequently traded on the Toronto Stock Exchange has a standard deviation of Develop a confidence interval estimate of the population standard deviation for the underpricingoverpricing indicator.
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