A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 12 days yields the following return percentages. 0.46,-1.46, 1.91, 2.83, 1.45,-1.02, 0.32, 2.21, -0.42,-0.85, -2.18,-2.55 Send data to calculator Send data to Excel If we assume that the returns are normally distributed, find a 95% confidence interval for the mean daily return on this stock. Then find the lower limit and upper limit of the 95% confidence interval. Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (If necessary, consult a list of formulas.) Lower limit:I Upper limit:

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 12 days yields the following return percentages.
0.46,-1.46, 1.91, 2.83, 1.45,
-1.02, 0.32, 2.21, -0.42, -0.85, -2.18, -2.55
Send data to calculator
Send data to Excel
If we assume that the returns are normally distributed, find a 95% confidence interval for the mean daily return on this stock. Then find the lower limit and
upper limit of the 95% confidence interval.
Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (If necessary, consult a list of formulas.)
Lower limit:
Upper limit:I
Transcribed Image Text:A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 12 days yields the following return percentages. 0.46,-1.46, 1.91, 2.83, 1.45, -1.02, 0.32, 2.21, -0.42, -0.85, -2.18, -2.55 Send data to calculator Send data to Excel If we assume that the returns are normally distributed, find a 95% confidence interval for the mean daily return on this stock. Then find the lower limit and upper limit of the 95% confidence interval. Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (If necessary, consult a list of formulas.) Lower limit: Upper limit:I
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