A survey of 131 investment managers revealed the following: 43% of managers classified themselves as bullish

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A survey of 131 investment managers revealed the following:
• 43% of managers classified themselves as bullish or very bullish on the stock market.
• The average expected return over the next 12 months for equities was 11.2%.
• 21% selected health care as the sector most likely to lead the market in the next 12 months.
• When asked to estimate how long it would take for technology and telecom stocks to resume sustainable growth, the managers' average response was 2.5 years.
a. Cite two descriptive statistics.
b. Make an inference about the population of all investment managers concerning the average return expected on equities over the next 12 months.
c. Make an inference about the length of time it will take for technology and telecom stocks to resume sustainable growth?
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...
Expected Return
The expected return is the profit or loss an investor anticipates on an investment that has known or anticipated rates of return (RoR). It is calculated by multiplying potential outcomes by the chances of them occurring and then totaling these...
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Related Book For  answer-question

Essentials Of Statistics For Business And Economics

ISBN: 9781111533847

6th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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