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Your firm's last five daily net cash flows are shown below. Day Net Cash Flow 1 $50,000 2 $75,000 3 $15,000 4 $24,000 5 $11,000
Your firm's last five daily net cash flows are shown below.
Day | Net Cash Flow |
1 | $50,000 |
2 | $75,000 |
3 | $15,000 |
4 | $24,000 |
5 | $11,000 |
The standard error of the last five daily net cash flows is $12,087.18. Assuming a confidence level of 90%, what is the confidence interval for the last five daily net cash flow?
a. | ($24,756.36, $54,629.04) | |
b. | ($12,401.25, $73,547.39) | |
c. | ($8,679.14, $49,071.58) | |
d. | ($9,231.98, $60,768.02) |
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