EBK STATISTICS FOR BUSINESS & ECONOMICS
12th Edition
ISBN: 9780100460461
Author: Anderson
Publisher: YUZU
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Chapter 1, Problem 20SE
A survey of 131 investment managers in Barron’s Big Money poll revealed the following:
- 43% of managers classified themselves as bullish or very bullish on the stock market.
- The average expected return over the next 12 months for equities was 11.2%.
- 21% selected health care as the sector most likely to lead the market in the next 12 months.
- When asked to estimate how long it would take for technology and telecom stocks to resume sustainable growth, the managers’ average response was 2.5 years.
- a. Cite two
descriptive statistics . - b. Make an inference about the population of all investment managers concerning the average return expected on equities over the next 12 months.
- c. Make an inference about the length of time it will take for technology and telecom stocks to resume sustainable growth.
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A survey of 137 investment managers in a poll revealed the following.
• 46% of managers classified themselves as bullish or very bullish on the stock market.
• The average expected return over the next 12 months for equities was 11.5%.
• 21% selected health care as the sector most likely to lead the market in the next 12 months.
• When asked to estimate how long it would take for technology and telecom stocks to resume sustainable growth, the managers' average response was 2.8 years.
(a)
Cite two descriptive statistics. (Select all that apply.)
O Of those investment managers surveyed, 46% were bullish or very bullish on the stock market.
V of those investment managers surveyed, 21% selected health care as the sector most likely to lead the market in the next 12 months.
V of those investment managers surveyed, 46% were bullish or very bullish on health care stocks over the next 2.8 years.
O Of those investment managers surveyed, 11.5% expect it would take 12 months for equities to…
The ABC Company is involved in the production and selling of consumer goods, particularly beauty products such as bath soap and shampoo and had registered a positive profit growth for the last 10 years.
However, the current year seems to be different from those years as the company is expecting a decline in profit; which is estimated to be about 70% below the target. The manager now is in a dilemma … asking himself/herself “What happened, why this decline in profit?” The Manager then asked the company Accountant to give him/her the data on sales and advertising cost for the last 10 years – he/she wants these data to determine whether the company can live without advertising, as advertising cost happens to be substantial.
Justify your answer by doing as step-by-step procedure in Correlation Analysis using a 0.05 level of significance.
The data are as follows –
A survey of 137 investment managers in a poll revealed the following.
• 46% of managers classified themselves as bullish or very bullish on the stock market.
• The average expected returm over the next 12 months for egquities was 11.5%.
- 21% selected health care as the sector most likely to lead the market in the next 12 months.
• When asked to estimate how long it would take for technology and telecom stocks to resume sustainable growth, the managers' average response was 2.8 years
(a) Cite two descriptive statistics. (Select all that apply.)
O of those investment managers surveyed, 46% were bulish or very bullish on the stock market.
O of those investment managers surveyed, 21% selected health care as the sector most likely to lead the market in the next 12 months.
D of those investment managers surveyed, 46% were bulish or very bullish on health care stocks over the next 2.8 years.
D of those linvestment managers surveyed, 11.5% expect it would take 12 months for equities to resume…
Chapter 1 Solutions
EBK STATISTICS FOR BUSINESS & ECONOMICS
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