Essentials Of Statistics For Business & Economics
9th Edition
ISBN: 9780357045435
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Textbook Question
Chapter 1, Problem 20SE
A survey of 131 investment managers in Barron’s Big Money poll revealed the following:
- 43% of managers classified themselves as bullish or very bullish on the stock market.
- The average expected return over the next 12 months for equities was 11.2%.
- 21% selected health care as the sector most likely to lead the market in the next 12 months.
- When asked to estimate how long it would take for technology and telecom stocks to resume sustainable growth, the managers’ average response was 2.5 years.
- a. Cite two descriptive statistics.
- b. Make an inference about the population of all investment managers concerning the average return expected on equities over the next 12 months.
- c. Make an inference about the length of time it will take for technology and telecom stocks to resume sustainable growth.
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A survey of 137 investment managers in a poll revealed the following.
• 46% of managers classified themselves as bullish or very bullish on the stock market.
• The average expected return over the next 12 months for equities was 11.5%.
• 21% selected health care as the sector most likely to lead the market in the next 12 months.
• When asked to estimate how long it would take for technology and telecom stocks to resume sustainable growth, the managers' average response was 2.8 years.
(a)
Cite two descriptive statistics. (Select all that apply.)
O Of those investment managers surveyed, 46% were bullish or very bullish on the stock market.
V of those investment managers surveyed, 21% selected health care as the sector most likely to lead the market in the next 12 months.
V of those investment managers surveyed, 46% were bullish or very bullish on health care stocks over the next 2.8 years.
O Of those investment managers surveyed, 11.5% expect it would take 12 months for equities to…
A survey of 137 investment managers in a poll revealed the following.
• 46% of managers classified themselves as bullish or very bullish on the stock market.
• The average expected returm over the next 12 months for egquities was 11.5%.
- 21% selected health care as the sector most likely to lead the market in the next 12 months.
• When asked to estimate how long it would take for technology and telecom stocks to resume sustainable growth, the managers' average response was 2.8 years
(a) Cite two descriptive statistics. (Select all that apply.)
O of those investment managers surveyed, 46% were bulish or very bullish on the stock market.
O of those investment managers surveyed, 21% selected health care as the sector most likely to lead the market in the next 12 months.
D of those investment managers surveyed, 46% were bulish or very bullish on health care stocks over the next 2.8 years.
D of those linvestment managers surveyed, 11.5% expect it would take 12 months for equities to resume…
Chapter 1 Solutions
Essentials Of Statistics For Business & Economics
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