A sample of 20 financial analysts was asked to provide forecasts of earnings per share of a

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A sample of 20 financial analysts was asked to provide forecasts of earnings per share of a corporation for next year. The results are summarized in the following table:
Forecast ($ per share) Number of Analysts
$9.95 to under $10.45 ..........2
$10.45 to under $10.95 .........8
$10.95 to under $11.45 .........6
$11.45 to under $11.95 .........3
$11.95 to under $12.45 .........1
a. Estimate the sample mean forecast.
b. Estimate the sample standard deviation. Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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