During the first quarter of 2003, the price/earnings (P/E) ratio for stocks listed on the New York

Question:

During the first quarter of 2003, the price/earnings (P/E) ratio for listed on the New York Stock Exchange generally ranged from 5 to 60 (The Wall Street Journal, March 7, 2003). Assume that we want to estimate the population mean P/E ratio for all listed on the exchange. How many should be included in the sample if we want a margin of error of 3? Use 95% confidence. Discuss. 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...