EBK MODERN BUSINESS STATISTICS WITH MIC
EBK MODERN BUSINESS STATISTICS WITH MIC
5th Edition
ISBN: 9780100475038
Author: williams
Publisher: YUZU
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Chapter 10.3, Problem 22E

The price per share of stock for a sample of 25 companies was recorded at the beginning of 2012 and then again at the end of the first quarter of 2012. How stocks perform during the first quarter is an indicator of what is ahead for the stock market and the economy. Use the sample data in the DATAfile named StockPrices to answer the following.

  1. a. Let di denote the change in price per share for company i where di = first quarter of 2012 price per share minus the beginning of 2012 price per share. Use the sample mean of these values to estimate the dollar amount a share of stock has changed during the first quarter.
  2. b. What is the 95% confidence interval estimate of the population mean change in the price per share of stock during the first quarter? Interpret this result.
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Chapter 10 Solutions

EBK MODERN BUSINESS STATISTICS WITH MIC

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