Fortune magazine (March 1997) reported the total returns to investors for the 10 years prior to 1996

Question:

Fortune magazine (March 1997) reported the total returns to investors for the 10 years prior to 1996 and also for 1996 for 431 companies. The total returns for 9 of the companies and the S&P 500 are listed below. Find a 95% confidence interval for the mean change in percent return to investors.

Total Return to Investors Company 1986–96 1996 29.8% 27.9% 22.1% 44.5% 22.2% 43.8% 21.7% 21.9% Berkshire Hathaway 28.3



Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Probability And Statistics For Engineers And Scientists

ISBN: 9780321783738

1st Edition

Authors: Ronald E. Walpole, Raymond Myers, Sharon L. Myers, Keying E. Ye

Question Posted: