What is the average increase in stock prices after a positive earnings report? A researcher randomly selected ten stocks that recently reported positive earnings. The before and after prices for each of these stocks are shown below. Stock Prices Before and After a Positive Earnings Report Before 19.92 28.79 26.5 30.39 15.91 40.93 59.63 37.25 25.07 20.82 After 25.87 34.27 25.48 45.36 26.09 46.51 58.46 43.31 36.87 32.03 Assume both follow a Normal distribution. For this study, we should use t-interval for the difference between two dependent population means : Part 2 of 3 Compute the 99% confidence interval for the difference. Round to the nearest minute.

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What is the average increase in stock prices after a positive earnings report? A researcher randomly selected
ten stocks that recently reported positive earnings. The before and after prices for each of these stocks are
shown below.
Stock Prices Before and After a Positive Earnings Report
Before 19.92 28.79 26.5
30.39 15.91| 40.93 59.63 37.25 25.07 20.82
After
25.87 34.27 25.48 45.36 26.09 46.51 58.46 43.31 36.87 32.03
Assume both follow a Normal distribution.
For this study, we should use
t-interval for the difference between two dependent population means
Part 2 of 3
Compute the 99% confidence interval for the difference. Round to the nearest minute.
Transcribed Image Text:What is the average increase in stock prices after a positive earnings report? A researcher randomly selected ten stocks that recently reported positive earnings. The before and after prices for each of these stocks are shown below. Stock Prices Before and After a Positive Earnings Report Before 19.92 28.79 26.5 30.39 15.91| 40.93 59.63 37.25 25.07 20.82 After 25.87 34.27 25.48 45.36 26.09 46.51 58.46 43.31 36.87 32.03 Assume both follow a Normal distribution. For this study, we should use t-interval for the difference between two dependent population means Part 2 of 3 Compute the 99% confidence interval for the difference. Round to the nearest minute.
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