You are a money market manager and you are trying to gain my business. I have millions
Question:
You are a money market manager and you are trying to gain my business. I have millions to invest, but you have to convince me to invest with you. You work for Venture One Corporation, which specializes in Telecom investments. You generate a random sample of 18 venture capital investments (not profits) in your fiber optics sector to create an interesting pitch that will attract my business.
The following data is in the millions of dollars:
5.60, 5.74, 4.21, 6.27, 5.58, 7.71, 5.96, 4.13, 9.21,
10.51, 8.63, 4.98, 2.04, 5.95, 8.64, 5.48, 6.67, 6.66
Create a presentation that displays a box and whisker plot and bar graph, and then explain what their significance is to your pitch. Next, create a 95% confidence interval and explain what makes this interval significant. Don’t forget to mention your margin of error in your explanation. Make sure you remember you are trying to get my money. Make your arguments geared towards that fact. It doesn’t matter about the profits as much as the confidence investors have invested in you. It must be for a reason. Exploit that reason. Let the statistics guide your thoughts. (use “s” for standard deviation)
Note: Your submission can be in the form of a paper, PowerPoint, or a short video of your sales pitch.
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor