SOLUTION: Ok I am stumped on this question:
The rate of return of a Fortune 500 company over the past 15 years are: 3.17%; 4.43%; 5.93%; 5.43%; 7.29%; 8.21; 6.23%; 5.23%; 4.34%; 6.68%; 7.14
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Probability-and-statistics
-> SOLUTION: Ok I am stumped on this question:
The rate of return of a Fortune 500 company over the past 15 years are: 3.17%; 4.43%; 5.93%; 5.43%; 7.29%; 8.21; 6.23%; 5.23%; 4.34%; 6.68%; 7.14
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Question 316838: Ok I am stumped on this question:
The rate of return of a Fortune 500 company over the past 15 years are: 3.17%; 4.43%; 5.93%; 5.43%; 7.29%; 8.21; 6.23%; 5.23%; 4.34%; 6.68%; 7.14%; -5.56%;-5.23%; - .73%; -10.34%
This is what i did:
0.0317
0.0443
0.0593
0.0543
0.0729
0.0821
0.0623
0.0523
0.0434
0.0668
0.0714
-0.0556
-0.0523
-0.0073
-0.1034
mean =0.028146667
the answer the professor has is .0248
don't know what i am doing wrong any help would be appreciated.
You can put this solution on YOUR website! I'm stumped too.
I get the same answer as you.
Are you sure the data values are correct and one of the digits isn't transposed?
Your answer is pretty close.
