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Question 2 Benchmark Scenario Sample size:n 2000 Sample Mean 18397.68 Sample Stdev 994.82 Cl for the mean? Lower Bound (LCL) 18353.19 Upper Bound (UCL) 18442.17
Question 2 Benchmark Scenario Sample size:n 2000 Sample Mean 18397.68 Sample Stdev 994.82 Cl for the mean? Lower Bound (LCL) 18353.19 Upper Bound (UCL) 18442.17 Pl for a particular outcome? Lower Bound (LPI) 16363.54 Upper Bound (UPI) 20431.82 Alternative Scenario Sample size:n=2000 Sample Mean 18209.03 Sample Sidev 613.92 Cl for the mean? Lower Bound (LCL 18181.58 Upper Bound (UCL) 18236,49 Pl for a particular outcome? Lower Bound (LPI) 16953.74 Upper Bound (UPU) 19464.33 Question 2: Compare the two different investment options, and answer the following questions, (*) Compare the sample mean and sample std of these two alternatives, (b) Compare the two Cis for the expected assets next year. (c) Compare the two PIs for your assets next yeart. (Hints: Base your comparison on the meaning of a PT) (d) Which of these investment options do you prefer? Why? Your
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