Question: CASE STUDY 10.1 (Business statistic Communicating with number 3rd Edition Jaggia Kelly) Chad Perrone is a financial analyst in Boston studying the annual return data
CASE STUDY 10.1 (Business statistic Communicating with number 3rd Edition Jaggia Kelly)
Chad Perrone is a financial analyst in Boston studying the annual return data for the health and information technology industries. He randomly samples 20 firms in each industry and notes each firm's annual return. A portion of the data is shown in the accompanying table.
Data for Case Study 10.1 Annual Returns (in percent) for Firms in Health and
Information Technology Industries
Health Information Technology
10.29 4.77
32.17 1.14
13.21 22.61
In a report, use the sample information to
01.Provide descriptive statistics and comment on the reward and risk in each industry.
02.Determine whether the average returns in each industry differ at the 5% significance level. Assume that the population variances are not equal.
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