Question
The daily net cash flows in the table below represent a 5-day sample. Use the Data Analysis tool in Excel to calculate the 95% and
The daily net cash flows in the table below represent a 5-day sample. Use the Data Analysis tool in Excel to calculate the 95% and 99% confidence intervals for the daily net cash flows. Along with your calculation, interpret the meaning behind your confidence interval estimates and discuss why the 99% confidence interval is wider.
| Day | Net Cash Flow |
| 1 | 15,000 |
| 2 | 17,000 |
| 3 | 13,000 |
| 4 | 20,000 |
| 5 | 14,000 |
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Spreadsheet Modeling And Decision Analysis A Practical Introduction To Business Analytics
Authors: Cliff Ragsdale
7th Edition
1285418689, 978-1285969701, 1285969707, 978-1285418681
