A certain brokerage house wants to estimate the mean daily return on a certain stock. A random sample of 12 days yields the following return percentages: 2.08, -2.59, 1.13, 2.88, -0.74, -1.19, 0.28, 1.41, 2.53, -2.85, -2.41, -0.68 If we assume that the returns are normally distributed, find a 95% confidence interval for the mean daily return on this stock. Need to find the lower and upper confidence interval?
Solution ID:10086568 | Question answered on 16-Oct-2016
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