A survey of 131 investment managers in Barron’s Big Money poll revealed the following:● 43% of managers classified themselves as bullish or very bullish on the stockmarket.● The average expected return over the next 12 months for equities was 11.2%.● 21% selected health care as the sector most likely to lead the market in thenext 12 months.● When asked to estimate how long it would take for technology and telecom stocksto resume sustainable growth, the managers’ average response was 2.5 years.a. Cite two descriptive statistics.b. Make an inference about the population of all investment managers concerning theaverage return expected on equities over the next 12 months
A survey of 131 investment managers in Barron’s Big Money poll revealed the following:
● 43% of managers classified themselves as bullish or very bullish on the stock
market.
● The average expected return over the next 12 months for equities was 11.2%.
● 21% selected health care as the sector most likely to lead the market in the
next 12 months.
● When asked to estimate how long it would take for technology and telecom stocks
to resume sustainable growth, the managers’ average response was 2.5 years.
a. Cite two descriptive statistics.
b. Make an inference about the population of all investment managers concerning the
average return expected on equities over the next 12 months
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