HzA certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 19 days yields the following return percentages.-2.4, -2.64, 0.75, 1.96, 0.25, -2.17, 1.74, 2.59, 2.97,-0.86, -2.55, -0.72, -1.33, -0.95, -1.73, 2.49, 0.82, 0.15, -2.18Send data to calculatorSend data to ExcelIf 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 upperlimit of the 90% 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 Don't KnowSubmitX3O SearcheacerⒸ2022 McGraw Hill LLC. All Rights Reserved. Terms of Use*X

From the provided information, Sample size (n) = 19 Confidence level = 90%

Answered: A certain brokerage house wants to…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A random sample of 160 commercial customers revealed that 32 had paid their accounts within a month of billing. Can normality be assumed for the sample proportion?
Three students, Linda, Tuan, and Javier, are given five laboratory rats each for a nutritional experiment. Each rat's weight is recorded in grams. Linda feeds her rats Formula A, Tuan feeds his rats Formula B, and Javier feeds his rats Formula C. At the end of a specified time period, each rat is weighed again, and the net gain in grams is recorded. Using a significance level of 10%, test the hypothesis that the three formulas produce the same mean weight gain. (Let 1 = Linda's rats, 2 = Tuan's rats and 3 = Javier's rats.) Weights of Student Lab Rats Linda's rats Tuan's rats Javier's rats 43.0 46.9 51.1 38.5 40.1 40.4 40.7 38.4 37.1 45.8 45.7 44.8 37.8 43.6 47.7 Part (a) State the null hypothesis. H0: ?1 = ?2 = ?3 H0: At least two of the group means ?1, ?2, ?3 are not equal. Part (b) State the alternative hypothesis. Ha: ?1 = ?2 = ?3 Ha: At least two of the group means ?1, ?2, ?3 are not equal. Part (c) Enter an exact number as an…
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At a local food processing plant, it used to take an average of 90 minutes for new workers to learn a food processing job. Recently the company installed a new food processing machine. The supervisor at the company wants to find if the mean time taken by new workers to learn the food processing procedure on this new machine is different from 90 minutes. A sample of 20 workers showed that it took, on average, 85 minutes for them to learn the food processing procedure on the new machine. It is known that the learning times for all new workers are normally distributed with a population standard deviation of 7 minutes. Use a significance level of 0.01 to test the claim that the mean time is different from 90 minutes. What is the decision? A) Reject Ho because the test statistic is in the critical region and the p-value is greater than the significance level. B) Reject Ho because the test statistic is not in the critical region and the p-value is greater than the significance level.…
At a local food processing plant, it used to take an average of 90 minutes for new workers to learn a food processing job. Recently the company installed a new food processing machine. The supervisor at the company wants to find if the mean time taken by new workers to learn the food processing procedure on this new machine is different from 90 minutes. A sample of 20 workers showed that it took, on average, 85 minutes for them to learn the food processing procedure on the new machine. It is known that the learning times for all new workers are normally distributed with a population standard deviation of 7 minutes. Use a significance level of 0.01 to test the claim that the mean time is different from 90 minutes. What is the test statistic? A) -7.01 B) -2.539 C) -3.19 D) -2.528 E) -1.96
A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 20 days yields the following return percentages. 1.09, -1.09, -0.14,-0.03,1.76,-1.59,-1.46 , 2.13, 1.96, 2.01,-0.91,0.64,-2.41, 1.81, –0.25, -0.46,0.37, -0.21, 1.39,0.68 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:

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