The average earnings per share (EPS) for 10 industrial stocks randomly selected from those listed on the Dow-Jones Industrial Average was found to be y = 1.85 with a standard deviation of s=0.395. Calculate a 99% confidence interval for the average EPS of all the

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The average earnings per share (EPS)
for 10 industrial stocks randomly
selected from those listed on the
Dow-Jones Industrial Average was
found to be
= 1.85 with a standard
deviation of s=0.395.
Calculate a 99% confidence interval
for the average EPS of all the
industrials listed on the DJIA.
Lowest value of interval?
Highest value of interval?
Transcribed Image Text:The average earnings per share (EPS) for 10 industrial stocks randomly selected from those listed on the Dow-Jones Industrial Average was found to be = 1.85 with a standard deviation of s=0.395. Calculate a 99% confidence interval for the average EPS of all the industrials listed on the DJIA. Lowest value of interval? Highest value of interval?
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