Use the following EXCEL output to answer Questions 1-4 You are an analyst who has been assigned the task of examining drivers of corporate profitability. To perform this exercise you examine a sample of New Zealand listed companies on the New Zealand stock exchange (NZX). The following table provided summary statistics on profits (in $ billion) in 2016.

Table 1. Corporate Profitability of NZ listed companies on NZX Profits ($ Billion) Mean 0.471 Standard Error 0.095 Median 0.104 Mode 0.249 Standard Deviation 1.146 Sample Variance 1.314 Kurtosis 20.546 Skewness 4.298 Range 7.942 Minimum 0.004 Maximum 7.946 Sum 68.780 Count 146 Confidence Level (95%) 0.187

The point estimate for the average profit of NZ companies listed on the NZX in 2016 was:

a. $ 0.10 billion

b. $ 0.25 billion

c. $ 0.47 billion

d. $ 68.78 billion