At the End of 1990,1991,and 1992 the Average Prices of a Share

question 72

Multiple Choice

At the end of 1990,1991,and 1992 the average prices of a share of stock in a money market portfolio were $34.83,$34.65 and $31.26 respectively.To investigate the average share price at the end of 1993,a random sample of 30 stocks was drawn and their closing prices on the last trading day of 1993 were observed with a mean of 33.583 and a standard deviation of 19.149.Assuming that stock prices are normally distributed,a 90% confidence interval would be _____.

• A)[27.643,39.523]
• B)[26.732,40.434]
• C)[32.514,34.651]
• D)[32.533,34.633]
• E)[32.269,34.897]

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Definitions:

Sue

The act of bringing a legal action against an entity or individual to seek remedy or damages.

B.C. Supreme Court

The superior trial court for the province of British Columbia, Canada, that hears civil and criminal law cases.

Federal Court

A court system at the national level that has jurisdiction over legal disputes that involve federal laws, the constitution, or disputes between states or between the U.S. government and foreign governments.

Balance of Probabilities

A standard of proof in civil trials requiring that a case is more likely to be true than not, essentially over 50% likelihood.