You collect a small sample of 20 fund returns, which turns out to have a sample...
You collect a small sample of 20 fund returns, which turns out to have a sample mean of 6 % and a sample standard deviation of 6 %. Assuming fund returns are normally distributed, what is the lower bound of the 95% confidence interval for fund returns? Enter answer in percents, accurate to two decimal places. I need it to be done on excel, Please SHOW the steps.
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You collect a small sample of 20 fund returns, which turns out
to have a sample...
You collect a small sample of 20 fund returns, which turns out to have a sample...
You collect a small sample of 20 fund returns, which turns out to have a sample mean of 7 % and a sample standard deviation of 6 %. Assuming fund returns are normally distributed, what is the lower bound of the 95% confidence interval for fund returns? The answer should be 4.19. You can use Excel to solve, just show the formulas that were used.
You want to construct a 95% confidence interval for the performance of a large population of...
You want to construct a 95% confidence interval for the performance of a large population of mutual funds. Assume returns are independent across funds, and the standard deviation of fund returns is 8.1 %. If you want the width of your interval to be 2.4 %, what sample size must you collect? Assume sample is large enough that the sample mean is normally distributed. Enter answer as the smallest integer sample that will accomplish your objective. I need it to...
Please help! A simple random sample of size n=20 is drawn from a population that is...
Please help!
A simple random sample of size n=20 is drawn from a population that is normally distributed. The sample mean is found to be x = 59 and the sample standard deviation is found to be S = 11. Construct a 95% confidence interval about the population mean. The lower bound is . The upper bound is . (Round to two decimal places as needed.)
A mutual fund manager is trying to estimate the expected fund flows for the next quarter....
A mutual fund manager is trying to estimate the expected fund flows for the next quarter. To make the estimate, the manager calls 15 clients and asks each of them about their planned deposits/withdrawals from the fund. The asset-weighted average of the sample is a 6 % change in assets under management, with a standard deviation of 10 %. What is the width of the 95% confidence interval for next quarter's fund flows? I need it to be done on...
A simple random sample of size n-23 is drawn from a population that is normally distributed....
A simple random sample of size n-23 is drawn from a population that is normally distributed. The sample mean is found to be x = 63 and the sample standard deviation is found to be s 18. Construct a 95% confidence interval about the population mean. The lower bound is The upper bound is (Round to two decimal places as needed.)
9.3 A simple random sample of size n=24 is drawn from a population that is normally...
9.3
A simple random sample of size n=24 is drawn from a population that is normally distributed. The sample mean is found to be x = 68 and the sample standard deviation is found to be s = 13. Construct a 95% confidence interval about the population mean. The lower bound is The upper bound is (Round to two decimal places as needed.)
A simple random sample of size n is drawn from a population that is normally distributed....
A simple random sample of size n is drawn from a population that is normally distributed. The sample mean, x overbar x, is found to be 108, and the sample standard deviation, s, is found to be 10. (a) Construct a 95% confidence interval about mu μ if the sample size, n, is 12. (b) Construct a 95% confidence interval about mu μ if the sample size, n, is 23. (c) Construct a a 96 96% confidence...
*Please Answer All* 1. A sample of 210 one-year-old baby boys in the United States had...
*Please Answer All* 1. A sample of 210 one-year-old baby boys in the United States had a mean weight of 23.8 pounds. Assume the population standard deviation is 3.0 pounds. What is the upper bound of the 90% confidence interval for the mean lifetime of the components? Round to two decimals. 2. Efficiency experts study the processes used to manufacture items in order to make them as efficient as possible. One of the steps used to manufacture a metal clamp...
You have measured the blood hemoglobin concentrations in a random sample of 12 males aged 20-29...
You have measured the blood hemoglobin concentrations in a random sample of 12 males aged 20-29 years and have obtained the following values in mg/dL: [ 14.7, 15.22, 15.28, 16.58, 15.1, 15.66, 15.91, 14.41, 14.73, 15.09, 15.62, 14.92] Calculate the following from the above sample: 1.95% confidence interval for the mean hemoglobin concentration in the population of 20-29 year old males. 2. 99% confidence interval for the mean hemoglobin concentration in the same population 3. 95% confidence interval for the...
The monthly incomes from a random sample of workers in a factory are shown below. Monthly...
The monthly incomes from a random sample of workers in a factory are shown below. Monthly Income, in $1,000 4.0 5.0 7.0 5.0 6.0 6.0 10.0 8.0 9.0 (Please, avoid rounding intermediate steps and round your final solutions to at least 2 decimal places) Compute the 95% confidence interval for the mean monthly incomes of the workers. Provide the lower and upper bound of the interval below and give your answer in dollars. Are there any additional assumptions needed in...
Please help!
A simple random sample of size n=20 is drawn from a population that is normally distributed. The sample mean is found to be x = 59 and the sample standard deviation is found to be S = 11. Construct a 95% confidence interval about the population mean. The lower bound is . The upper bound is . (Round to two decimal places as needed.)
A simple random sample of size n-23 is drawn from a population that is normally distributed. The sample mean is found to be x = 63 and the sample standard deviation is found to be s 18. Construct a 95% confidence interval about the population mean. The lower bound is The upper bound is (Round to two decimal places as needed.)
9.3
A simple random sample of size n=24 is drawn from a population that is normally distributed. The sample mean is found to be x = 68 and the sample standard deviation is found to be s = 13. Construct a 95% confidence interval about the population mean. The lower bound is The upper bound is (Round to two decimal places as needed.)
You have measured the blood hemoglobin concentrations in a random sample of 12 males aged 20-29 years and have obtained the following values in mg/dL: [ 14.7, 15.22, 15.28, 16.58, 15.1, 15.66, 15.91, 14.41, 14.73, 15.09, 15.62, 14.92] Calculate the following from the above sample: 1.95% confidence interval for the mean hemoglobin concentration in the population of 20-29 year old males. 2. 99% confidence interval for the mean hemoglobin concentration in the same population 3. 95% confidence interval for the...
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