The price per share of stock for a sample of  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 quarter is an indicator of what is ahead for the stock market and the economy. Use the sample data in the file StockQuarter to answer the following. Click on the datafile logo to reference the data.                               Beginning of 1st                                                           end of 1stCompany                                 Quarter                                                       QuarterBank of New York Mellon    53.82                        54.19     Kraft Foods                                   77.02        55.70    E.I. du Pont de Nemours and Company    109.00        102.57    Consolidated Edison    83.58                      79.95    Johnson & Johnson    139.23                                                 126.01    Union Pacific    135.78                                                              132.73    Comcast    41.07                                                                           32.06    Applied Materials    53.04                                                        50.91    Pfizer    36.44        35.40    General Electric    17.98                                                    14.05    AT&T    38.54        32.54    Cisco Systems    38.86                                                      44.83    Home Depot    188.03                                                    184.63    JP Morgan Chase    107.95                                          108.78    Procter & Gamble    90.65                                                71.96    Verizon    53.53        48.82    Devon Energy    42.23                                                       36.20    Lilly    84.68                                                                        79.07    Microsoft    85.95                                                              95.00    Coca Cola    45.59                                                 42.59    Qualcomm    65.20                                                  50.82    Exxon Mobil Corporation85.03                         76.95    PG&E Corporation    44.49                              46.27    Oracle Corporation46.63                                 45.95    Chevron    127.58                                                        129.86    a. Let  denote the percentage change in price per share for company  whereUse the sample mean of these values to estimate the percentage change in the stock price over the first quarter. Do not round intermediate calculations. Enter negative value as negative number, if any. d1  = end of 1st quarter-  beginnning  of 1st quarter /   beginning of 1st quarter   (to  3 decimals) b. What is the 90%  confidence interval estimate of the population mean percentage change in the price per share of stock during the first quarter? Do not round intermediate calculations. Enter negative values as negative numbers, if any. confidence interval (,)  ( to 3 decimals)

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The price per share of stock for a sample of  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 quarter is an indicator of what is ahead for the stock market and the economy. Use the sample data in the file StockQuarter to answer the following.

Click on the datafile logo to reference the data.

 

                            Beginning of 1st                                                           end of 1st
Company                                 Quarter                                                       Quarter
Bank of New York Mellon    53.82                        54.19     
Kraft Foods                                   77.02        55.70    
E.I. du Pont de Nemours and Company    109.00        102.57    
Consolidated Edison    83.58                      79.95    
Johnson & Johnson    139.23                                                 126.01    
Union Pacific    135.78                                                              132.73    
Comcast    41.07                                                                           32.06    
Applied Materials    53.04                                                        50.91    
Pfizer    36.44        35.40    
General Electric    17.98                                                    14.05    
AT&T    38.54        32.54    
Cisco Systems    38.86                                                      44.83    
Home Depot    188.03                                                    184.63    
JP Morgan Chase    107.95                                          108.78    
Procter & Gamble    90.65                                                71.96    
Verizon    53.53        48.82    
Devon Energy    42.23                                                       36.20    
Lilly    84.68                                                                        79.07    
Microsoft    85.95                                                              95.00    
Coca Cola    45.59                                                 42.59    
Qualcomm    65.20                                                  50.82    
Exxon Mobil Corporation85.03                         76.95    
PG&E Corporation    44.49                              46.27    
Oracle Corporation46.63                                 45.95    
Chevron    127.58                                                        129.86    
a. Let  denote the percentage change in price per share for company  whereUse the sample mean of these values to estimate the percentage change in the stock price over the first quarter. Do not round intermediate calculations. Enter negative value as negative number, if any.

d1  = end of 1st quarter-  beginnning  of 1st quarter /   beginning of 1st quarter

  (to  3 decimals)

b. What is the 90%  confidence interval estimate of the population mean percentage change in the price per share of stock during the first quarter? Do not round intermediate calculations. Enter negative values as negative numbers, if any.

confidence interval (,)  ( to 3 decimals)

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