From 1975 through 2016, the mean gain of the Dow Jones Industrial Average was 456. A random
Question:
From 1975 through 2016, the mean gain of the Dow Jones Industrial Average was 456. A random sample of 32 years is selected from this population. What is the probability that the mean gain for the sample was between 200 and 500? Assume σ = 1215.
Find the indicated probability and interpret the results.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
using technology About 46 of ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber
Question Posted:
Students also viewed these Mathematics questions
-
The Dow Jones Industrial Average was recorded monthly for the years 1950 to 2012. Use a graph to describe these numbers.
-
The following table gives the value of the Dow Jones Industrial Average (DJIA), NASDAQ, and the S& P 500 on the first day of trading for the years 2008 through 2010. a. For each stock index, compute...
-
One theory concerning the Dow Jones Industrial Average is that it is likely to increase during U. S. presidential election years. From 1964 through 2012, the Dow Jones Industrial Aver-age increased...
-
ZA Berhad is an investment holding company located in Malaysia. Property development, building, property investment, and management services are the primary activities of the corporation and its...
-
Consider the data set of service times given in DS 6.1.4. Construct a point estimate of the average service time. What is the standard error of your point estimate?
-
Sudoriferous glands produce ________. a. Sweat b. Lipids c. Sebum d. Milk
-
Assume the same information as in question 4. Also assume that beginning work in process had \($6,000\) in conversion cost and that \($84,000\) in conversion is added during this period. What is the...
-
Three different plans for financing a $200,000,000 corporation are under consideration by its organizers. Under each of the following plans, the securities will be issued at their par or face amount,...
-
Find the range of the function defined by the equation and the given domain. f(x) = 4x3; domain= {0, 1, 2, 3}
-
What was the net increase or decrease in cash flow from having purchased the foreign currency option to hedge this exposure to foreign exchange risk? a. $0. b. A $1,000 increase in cash flow. c. A...
-
The scores for females on the critical reading portion of the SAT in 2016 are normally distributed, with a mean of 493 and a standard deviation of 114. Random samples of size 36 are drawn from this...
-
From 1871 through 2016, the mean return of the Standard & Poors 500 was 10.72%. A random sample of 38 years is selected from this population. What is the probability that the mean return for the...
-
Evaluate the labor and infant industry arguments for protection.
-
In the 2021 season, the Chicago White Sox scored 796 runs and allowed 636 runs. Which of the following shows the correct calculation of their run differential? A. DIFF = RA/RS 636/796 = .799 OB....
-
You must access standard recipe for a beef dish and calculate the ingredients needed for the two portions you will prepare and plate. Across the recipes, you must use the following preparation...
-
Matt is a resident of Nevada who performs services in California and Nevada. He sells his tax and accounting practice for $500,000 of goodwill. There is no covenant not to compete. The sales price is...
-
When would a taxpayer include California Schedule D in their tax return and does CA have special rules for Long Term Capital Gains?
-
On August 19 2022 Kakashi sold stocks directly to buyer. As a result of the transaction, Kakashi paid to the BIR 40,180 representing the total taxes on the transaction. The stocks are not traded in...
-
How can devices that heat homes in winter also be used to cool homes in summer?
-
Critical reading SAT scores are distributed as N(500, 100). a. Find the SAT score at the 75th percentile. b. Find the SAT score at the 25th percentile. c. Find the interquartile range for SAT scores....
-
The U.S. voting age populations (in millions) and the turnout of the voting age populations (in millions) for federal elections for nine nonpresidential election years are shown in the table. The...
-
The table shows the amounts of crude oil (in thousands of barrels per day) produced by the United States and the amounts of crude oil (in thousands of barrels per day) imported by the United States...
-
The table shows the total assets (in billions of dollars) of individual retirement accounts (IRAs) and federal pension plans for nine years. The equation of the regression line is y = 0.177x +...
-
(1) provide an example of each lessonfrom the movie and (2) describe briefly how it illustrates/supports the lesson. Don't worry if you can't remember the characters' names. When a person's actions...
-
Transferable leadership skills The aim of this part of the assessment is for you to reflect on transferable leadership and professional skills that you may already have and/or need to develop. These...
-
A startup has 1,000 shares outstanding. A VC offers to invest $1 million at a post-money valuation of $5 million. How many shares will the VC get
Study smarter with the SolutionInn App