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The Length of Time It Takes for a Stock Analyst

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Essay

The length of time it takes for a stock analyst to complete an evaluation of a company's earnings forecast is normally distributed with a standard deviation of 1.7 hours.From looking at the time spent by an analyst evaluating 15 randomly-selected stocks you find that the sample mean was 6.4 hours.If you know that the probability of getting a sample mean this large or larger is 0.36,what is the mean of the population?


Definitions:

Harold Innis

A Canadian economist and professor known for his contributions to communication theory and economic history, especially concerning media and resource economies.

Time and Space

Fundamental concepts in various disciplines, representing the dimensions in which events occur and matter exists.

Harold Innis

A Canadian economist and professor known for his contributions to communication theory and the study of Canadian economic history.

Society

A collection of people engaged in continuous social interaction or a substantial social group inhabiting the same geographic or social area, usually under the same political rule and common cultural norms.

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