Question
The average annual return over the period 1926-2009 for small stocks is 22.5%, and the standard deviation of returns is 22.5%. Based on these numbers,
The average annual return over the period 1926-2009 for small stocks is
22.5%,
and the standard deviation of returns is
22.5%.
Based on these numbers, what is a 95% confidence interval for 2010 returns?
A.
22.5%,
67.5%
B.
22.5%,
45%
C.0%,
45%
D.
11.3%,
33.8%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
