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Suppose that you want to use the 10 year historical average return on the Market to forecast the expected future return on the Market. Year

Suppose that you want to use the 10 year historical average return on the Market to forecast the expected future return on the Market.

Year End

Market Realized

Return

200025.2%
200130.3%
2002

22.3%

200325.3%
2004-11.0%
2005-11.3%
2006-20.8%
200733.1%
200813.0%
20097.3%

Calculate the 95% confidence interval for your estimate of the expect return. (Round your answers to two decimals. Express your answers as percentages)

What is the lower bound in %

What is the upper bound in %

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