Suppose that historically 61 % of the companies on the NYSE have prices that go up each

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Suppose that historically 61 % of the companies on the NYSE have prices that go up each year. If random samples of 100 stocks are taken, what proportion of samples is likely to have between 55 % and 65 % of stock prices going up?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Feb 17, 2024 11:38 PM

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Suppose that historically 61 % of the companies on the NYSE have prices that go up each

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Certainly we can calculate the proportion of samples likely to have between 55 and 65 o...View the full answer

Statistics For Business And Financial Economics

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