An investing club randomly selects 15 NYSE stocks for consideration, and the prices per share are listed here Estimate the mean price in dollars of all stocks with 95 confidence Assume that all variables are approximately normally distributed 15 18 121 17 19 32 19 83 21 63 87 78 29 97 54 87 13 89 4...

An investing club randomly selects 15 NYSE stocks for consideration, and the prices per share are listed

Question:

An investing club randomly selects 15 NYSE for consideration, and the prices per share are listed here. Estimate the mean price in dollars of all with 95% confidence.

15.18 121.17 19.32 19.83 21.63 87.78 29.97 54.87 13.89 41.53 58.42 50.40 54.83 13.10

Assume that all variables are approximately normally distributed.

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...