Question: The table showing the stock price changes for a sample of 12 companies on a day is contained in the Excel Online file below. Construct
The table showing the stock price changes for a sample of 12 companies on a day is contained in the Excel Online file below. Construct a spreadsheet to answer the following questions.
a. Compute the sample variance for the daily price change (to 4 decimals).
b. Compute the sample standard deviation for the price change (to 4 decimals).
c. Provide 95% confidence interval estimates of the population variance (to 4 decimals).
d. Provide 95% confidence interval estimates of the population standard deviation (to 4 decimals).
| Company | Price Change ($) | Part a | |
| Aflac | 0.82 | Variance (to 4 decimals) | |
| Bank of Am. | 1.46 | ||
| Cablevision | -0.07 | Part b | |
| Diageo | 0.90 | Standard Deviation (to 4 decimals) | |
| Fluor Cp | 0.39 | ||
| Goodrich | 0.20 | Part c | |
| John.&John. | 1.32 | Degrees of Freedom | |
| Loews Cp | 0.97 | ||
| Nokia | 2.35 | Left-Tailed Probability (to 4 decimals) | |
| SmpraEngy | 0.50 | Right-Tailed Probability (to 4 decimals) | |
| Sunoco | 0.29 | ||
| Tyson Food | 0.12 | The 95% Confidence Interval of the Population Variance | |
| C.I.Lower Limit (to 4 decimals) | |||
| C.I.Upper Limit (to 4 decimals) | |||
| The 95% Confidence Interval of the Standard Deviation | |||
| C.I.Lower Limit (to 4 decimals) | |||
| C.I.Upper Limit (to 4 decimals) |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
