The average annual retum over the period 1886-2006 for stocks that comprise the S&P 500 is 8%, and the standard deviation of retums is 25%. Based on these numbers what is a 95% confidence interval for 2007 returns? OA -27%, 43% OB. -32%, 48% OC. -42%, 58% D. -21%, 29%

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 11PPS
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The average annual return over the period 1886-2006 for stocks that comprise the S&P 500 is 8%, and the standard deviation of retums is 25%. Based on these numbers what is a 95% confidence
interval for 2007 returns?
OA -27%, 43%
OB. -32%, 48%
OC. -42%, 58%
D. -21%, 29%
Transcribed Image Text:The average annual return over the period 1886-2006 for stocks that comprise the S&P 500 is 8%, and the standard deviation of retums is 25%. Based on these numbers what is a 95% confidence interval for 2007 returns? OA -27%, 43% OB. -32%, 48% OC. -42%, 58% D. -21%, 29%
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