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Is there a difference in the yields of different types of investments? The accompanying data provide yields for a one-year certificate of deposit (CD) and
Is there a difference in the yields of different types of investments? The accompanying data provide yields for a one-year certificate of deposit (CD) and a five-year CD for 25 banks. Complete parts a through c below. Click the icon to view the yields for one-year CDs and five-year CDs - X Yields for one-year cds and five-year cds a. Construct a 95% confidence interval estimate for the mean yield of one-year CDs. [SMS(Type integers or decimals rounded to two decimal places as needed.) Bank One-Year CD Five-Year CD 1 0.5 4.90 b. Construct a 95% confidence interval estimate for the mean yield of five-year CDs. 0.80 4.95 0.90 4.95 Osus (Type integers or decimals rounded to two decimal places as needed.) 0.25 3.40 0.45 3.95 c. Compare the results of (a) and (b). 0.20 3.85 0.45 3.65 Choose the correct answer below. 1.90 4.35 0.75 4.65 4.20 O A. One can be 95% confident that the mean yield of one-year CDs is less than the mean yield of five-year CDs. 0.55 0.40 4.40 O B. One can be 95% confident that the mean yield of one-year CDs is the same as the mean yield of five-year CDs. 0.45 3.40 0.40 4.25 O C. The mean yield of five-year CDs is greater than the mean yield of one-year CDs. 0.55 5.00 O D. One can be 95% confident that the mean yield of one-year CDs is greater than the mean yield of five-year CDs. 1.75 4.25 0.90 4.35 1.45 5.05 2.15 4.60 0.90 5.10 1.10 4.45 0.50 4.45 0.50 4.00 0.20 3.45 1.10 4.55 2.10 4.10 Print Done O Time Remaining: 00:42:28 Next
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