A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 10 days yields the following return percentages. -2.1, -1.77, 0.35 , 2.08, 1.98, 0.08, -2.89,-2.79, -2.48, 2.56 Send data to calculator Send data to Excel If we assume that the returns are normally distributed, find a 99% confidence interval for the mean daily return on this stock. Give the lower limit and upper limit of the 99% confidence interval. Carry your intermediàte 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: O O

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 4CYU
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A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 10 days yields the following
return percentages.
-2.1, -1.77, 0.35 , 2.08, 1.98, 0.08, –2.89,-2.79, -2.48,2.56
Send data to calculator
Send data to Excel
If we assume that the returns are normally distributed, find a 99% confidence interval for the mean daily return on this stock. Give the
lower limit and upper limit of the 99% confidence interval.
Carry your intermediàte 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:
O O
Transcribed Image Text:A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 10 days yields the following return percentages. -2.1, -1.77, 0.35 , 2.08, 1.98, 0.08, –2.89,-2.79, -2.48,2.56 Send data to calculator Send data to Excel If we assume that the returns are normally distributed, find a 99% confidence interval for the mean daily return on this stock. Give the lower limit and upper limit of the 99% confidence interval. Carry your intermediàte 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: O O
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