Chad Perrone is a financial analyst in Boston studying the annual return data for the health and
Question:
Chad Perrone is a financial analyst in Boston studying the annual return data for the health and information technology industries. He randomly samples 20 firms in each industry and notes each firm’s annual return. A portion of the data is shown in the accompanying table; the entire data set, labeled Health_Info, can be found on the text website.
HealthInformation Technology
10.29%...............................4.77%
32.17..........1.14
: ........... :
13.21..........22.61
In a report, use the sample information to:
1. Provide descriptive statistics and comment on the reward and risk in each industry.
2. Determine whether the average returns in each industry differ at the 5% significance level. Assume that returns are normally distributed and that the population variances are unequal.
Step by Step Answer:
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly