(b) What is the 95% confidence interval estimate of the population mean percentage change in the price per share of stock during the first quarter? (Round your answers to one decimal place.) % to Interpret this result. Because the 95% confidence interval --Select-- | zero, we can be 95% confident that the population mean percentage change in the price per share of stock --Select-- v

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(b) What is the 95% confidence interval estimate of the population mean percentage change in the price per share of stock during the first quarter? (Round your answers to one decimal place.)
% to
Interpret this result.
Because the 95% confidence interval --Select---
zero, we can be 95% confident that the population mean percentage change in the price per share of stock --Select---
Transcribed Image Text:(b) What is the 95% confidence interval estimate of the population mean percentage change in the price per share of stock during the first quarter? (Round your answers to one decimal place.) % to Interpret this result. Because the 95% confidence interval --Select--- zero, we can be 95% confident that the population mean percentage change in the price per share of stock --Select---
Suppose the price per share of stock for a sample of 25 companies was recorded at the beginning of the first financial quarter and then again at the end of the first financial quarter. How stocks perform during the first financial quarter is an indicator of what is ahead for the stock market and the economy.
Company
End of 1st quarter Beginning of 1st quarter
Company 1
50.69
51.32
Company 2
52.20
74.52
Company 3
99.07
106.50
Company 4
76.45
81.08
Company 5
122.51
136.73
Company 6
129.23
133.28
Company 7
28.56
38,57
Company 8
47.41
50.54
Company 9
31.90
33.94
Company 10
10.55
15.48
Company 11
29.04
36.04
Company 12
41.33
36.36
Company 13
181.13
185.53
Company 14
105.28
105.45
Company 15
68.46
88.15
Company 16
45.32
51.03
Company 17
32.70
39.73
Company 18
75.57
82.18
Company 19
91.50
83.45
Company 20
39.09
43.09
Company 21
47.32
62.70
Company 22
73.45
82.53
Company 23
42.77
41.99
Company 24
42.45
44.13
Company 25
126.36
125.08
(a) Let d, denote the percentage change in price per share for company i where
d; =
end of 1st quarter price per share - beginning of 1st quarter price per share
beginning of 1st quarter price per share
Use the sample mean of these values to estimate the percentage change in the stock price over the first quarter. (Round your answer to one decimal place.)
Transcribed Image Text:Suppose the price per share of stock for a sample of 25 companies was recorded at the beginning of the first financial quarter and then again at the end of the first financial quarter. How stocks perform during the first financial quarter is an indicator of what is ahead for the stock market and the economy. Company End of 1st quarter Beginning of 1st quarter Company 1 50.69 51.32 Company 2 52.20 74.52 Company 3 99.07 106.50 Company 4 76.45 81.08 Company 5 122.51 136.73 Company 6 129.23 133.28 Company 7 28.56 38,57 Company 8 47.41 50.54 Company 9 31.90 33.94 Company 10 10.55 15.48 Company 11 29.04 36.04 Company 12 41.33 36.36 Company 13 181.13 185.53 Company 14 105.28 105.45 Company 15 68.46 88.15 Company 16 45.32 51.03 Company 17 32.70 39.73 Company 18 75.57 82.18 Company 19 91.50 83.45 Company 20 39.09 43.09 Company 21 47.32 62.70 Company 22 73.45 82.53 Company 23 42.77 41.99 Company 24 42.45 44.13 Company 25 126.36 125.08 (a) Let d, denote the percentage change in price per share for company i where d; = end of 1st quarter price per share - beginning of 1st quarter price per share beginning of 1st quarter price per share Use the sample mean of these values to estimate the percentage change in the stock price over the first quarter. (Round your answer to one decimal place.)
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