The expected value of an investment is $25,000.00. The standard deviation of the distribution is $4000. In what range can we expect the actual outcome of the investment to fall with 95% certainty?© BrainMass Inc. brainmass.com October 9, 2019, 9:52 pm ad1c9bdddf
In this problem, we need to calculate the 95% confidence interval for the population mean.
The 95% ...
The standard deviation of the distribution of an investment is examined. Neat and step-wise solution is provided.