Thirteen analysts have given the following fiscal-year earnings forecasts for a stock: Forecast (Xi) 0.70 0.72 0.74 0.75 0.76 0.77 0.82 number of analysts (ni) 2 4 1 3 1 1 1 Because the sample is a small fraction of the number of analysts who follow this stock, assume that we can ignore the finite population correction factor. a. what are the mean forecast and standard deviation of forecasts? B. what aspect of the data makes us uncomfortable about
Thirteen analysts have given the following fiscal-year earnings forecasts for a stock: Forecast (Xi) 0.70 0.72 0.74 0.75 0.76 0.77 0.82 number of analysts (ni) 2 4 1 3 1 1 1 Because the sample is a small fraction of the number of analysts who follow this stock, assume that we can ignore the finite population correction factor. a. what are the mean forecast and standard deviation of forecasts? B. what aspect of the data makes us uncomfortable about
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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. Thirteen analysts have given the following fiscal-year earnings forecasts for a stock:
Forecast (Xi)
0.70 0.72 0.74 0.75 0.76 0.77 0.82
number of analysts (ni)
2 4 1 3 1 1 1
Because the sample is a small fraction of the number of analysts who follow this stock, assume that we can ignore the finite population correction factor. a. what are the
confidence intervals for the population mean forecast?
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