What is the 95% Confidence Interval for a security which has an average rate of return of 18.63% and a standard deviation of 38.34%?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
icon
Related questions
Question

Algebra

What is the 95% Confidence Interval for a security which has an average rate of return of 18.63% and a standard deviation of 38.34%?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer