Sample Distribution - New York Stock Exchange
Not what you're looking for?
This question has to deal with the sampling distribution of the sample mean.
Please see attached file for full problem description.
Suppose that the percentage returns for a given year for all stocks listed on the New York Stock Exchange are approximately normally distributed with a mean of 12.4% and a standard deviation of 20.6%. Consider drawing a random sample of n=5 stocks from the population of all stocks and calculating the mean return, x, of the sampled stocks. Find the mean and the standard deviation of the sampling distribution of x, and find an interval containing 95.44% of all possible sample mean returns.
Purchase this Solution
Solution Summary
Suppose that the percentage returns for a given year for all stocks listed on the New York Stock Exchange are approximately normally distributed with a mean of 12.4% and a standard deviation of 20.6%. Consider drawing a random sample of n=5 stocks from the population of all stocks and calculating the mean return, x, of the sampled stocks. Find the mean and the standard deviation of the sampling distribution of x, and find an interval containing 95.44% of all possible sample mean returns.
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.