A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 13 days yields the following return percentages. -1.59, 2.19, -0.65, -2.19, 1.89, 296, -0.61, -2.22, -1.52, 0.61, 0.33, -1.53, 1.06 Send data to calculator Send data to Excel If we assume that the returns are normally distributed, find a 90% confidence.interval for the mean daily return on this stock. Give the lower limit and uppe limit of the 90% confidence interval.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
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A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 13 days yields the following return percentages.
-1.59, 2.19, -0.65, -2.19, 1.89, 2.96, -0.61, -222, -1.52, 0.61, 0.33, -1.53, 1.06
Send data to calculator
Send data to Excel
If we assume that the returns are normally distributed, find a 90% confidence.interval for the mean daily return on this stock. Give the lower limit and upper
limit of the 90% confidence interval.
Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (1f necessary, consult a list of formulas.)
Transcribed Image Text:A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 13 days yields the following return percentages. -1.59, 2.19, -0.65, -2.19, 1.89, 2.96, -0.61, -222, -1.52, 0.61, 0.33, -1.53, 1.06 Send data to calculator Send data to Excel If we assume that the returns are normally distributed, find a 90% confidence.interval for the mean daily return on this stock. Give the lower limit and upper limit of the 90% confidence interval. Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (1f necessary, consult a list of formulas.)
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