Question
The average annual return over the period 1926-2009 for the S&P 500 is 12%, and the standard deviation of returns is 21.2%. Based on these
The average annual return over the period 1926-2009 for the S&P 500 is 12%, and the standard deviation of returns is 21.2%. Based on these numbers, what is a 95% confidence interval for 2010 returns?
A.1.5%,21.8%
B.30.4%,54.4%
C.10.6%,32.6%
D. 30.4%, 76.2%
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Handbook Of The Economics Of Finance
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
044459406X, 978-0444594068
