There is some speculation that a simple name change can result in a short-term increase in the price of certain business firms' stocks (relative to the prices ofsimilar stocks). Suppose that to test the profitability of name changes, we analyze the stock prices of a large sample of corporations shortly after they changednames, and we find that the mean relative increase in stock price was about 0.88%, with a standard deviation of 0.15%. Suppose that this mean and standarddeviation apply to the population of all companies that changed names. Complete the following statements about the distribution of relative increases in stockprice for all companies that changed names.(a) According to Chebyshev's theorem, at least (Choose one) ▼relative increases in stock price lie between 0.58% and 1.18%.of the(b) According to Chebyshev's theorem, at least 36% of the relativeincreases in stock price lie between % and %. (Round youranswer to 2 decimal places.)X

Mean()=0.88standar deviation()=0.15

Answered: There is some speculation that a simple…

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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