Share
Explore BrainMass

Statistics: Confidence Interval Estimations

1. Use appropriate descriptive statistic to summarize the data on assets and yields for Money Market funds

2. Develop a 95% confidence interval estimate of the mean assets, mean 7-day yield, and mean 30-day yield for the population of money market funds. provide a managerial interpretation of each interval estimate.

3. Discuss the implications of your findings in terms of how Lisa could use the type of information in preparing her weekly newsletter.

4. What other information would you recommend that Lisa gather to provide the most useful information to her clients?

Attached is the data information from which you will be working from.

Attachments

Solution Preview

1. Use appropriate descriptive statistic to summarize the data on assets and yields for Money Market funds
Shown in the Excel File:

2. Develop a 95% confidence interval estimate of the mean assets, mean 7-day yield, and mean 30-day yield for the population of money market funds. Provide a ...

Solution Summary

This solution provides answers to statistics question in Excel

$2.19